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Europe Daily Bulletin No. 7778

12 August 2000
GENERAL NEWS / (eu) eu/competition
Commission authorises Brambles/Ermewa joint venture

Brussels, 11/08/2000 (Agence Europe) - The European Commission authorised the merger of the tank container fleets of Brambles Industries Ltd (Australia) and of Ermewa S.A. (Switzerland). The joint venture resulting from the operation will rival with Transamerica Leasing for world market leadership, but the two companies will remain confronted by competition from a large number of powerful yet smaller operators.

Brambles Industries Ltd has as main activity the rental to industry of...