Brussels, 04/02/2000 (Agence Europe) - The European Commission has approved the vertical concentration whereby Suzuki Motor Corporation acquires three companies of the Dutch group, Homel, active in the wholesale distribution of Suzuki saloon cars and spare parts in Germany. The Japanese company acquires: 1) all the capital of Suzuki Auto Deutschland & Co, the company responsible for Suzuki distribution in Germany; 2) Hogiva, the associate company to Suzuki Auto; 3) Fafin, a company that provides financial services to Suzuki customers in Germany. It also acquires the complete stock of the Swiss company CIAS, the Suzuki general importer to Europe.
European competition services consider the operation in no way affects the market and does not entail competition problems.