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Europe Daily Bulletin No. 8799

5 October 2004
Contents Publication in full By article 12 / 38
GENERAL NEWS / (eu) eu/competition
Commission clears acquisition of Volvo's axle production business by ArvinMeritor

Brussels, 04/10/2004 (Agence Europe) - Volvo Group by the American company ArvinMeritor (“ARM”), a global manufacturer of automotive parts in France and Sweden. The assets being acquired are involved in the production of non-driven axles for Volvo-branded trucks and buses and Renault-branded trucks, driven axles for Renault-branded trucks, and axle housings. The Commission has identified an overlap between the parties is in the market for driven axles for trucks of 6 tonnes or more. In...

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