Brussels, 23/11/2007 (Agence Europe) - On 22 November, the European Commission approved the merger plans whereby Eurovia, a subsidiary of the French group Vinci, and Compagnie Signature SAS, part of the French group Burelle, would combine their road marking and road sign operations, acquiring joint control of Euromark (France) and Signature Holdings (France) through the purchase of shares in these two companies (constituting a joint venture).
Eurovia is active in four areas: planning and carrying out roadworks, manufacturing road materials, managing the environment and providing infrastructure-related services. Compagnie Signature is active in the road marking and vertical road signs sectors and in road safety signs and street furniture.
The Commission's study showed that the planned deal would lead to a limited overlap between the parties' activities on the French market for road marking products and on the British market for the manufacture and sale of vertical road signs. However, the Commission concluded that these overlaps would not cause competition problems because several other suppliers in the sector would continue to ensure genuine competition. In other words, the deal would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. (O.L.)