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Image header Agence Europe
Europe Daily Bulletin No. 9300
Contents Publication in full By article 20 / 38
GENERAL NEWS / (eu) eu/competition

06/11/2006 (Agence Europe) - On 6 November the European Commission granted clearance the acquisition of joint control by Thales S.A. of France and Diehl Stiftung & Co. KG (Diehl) of Germany of part of the undertakings TDA Armements SAS (France), Thales Munitronic BV (Netherlands), Forges de Zeebrugge (Belgium), currently controlled by Thales, and Junghans Feinwerktechnik GmbH & Co KG (Germany), currently controlled by Diehl. Through the joint venture the two companies will confer their respective assets for the production and sale of fuses for ammunition (the part of the ammunition that initiates detonation) and Safety and Arming Devices for missiles. The operation was examined under the simplified merger review procedure. (cd)

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