# EC clears Rolls-Royce acquisition of ITP

The European Commission has cleared Rolls-Royce's acquisition of sole control of ITP, a Spanish aircraft engine components maker, subject to conditions regarding the EPI consortium.

- Type: Acquisition
- Announced: 2017-04-19
- Where: Spain
- Status: completed
- Products: aircraft engine components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Rolls-Royce](https://endata.com/companies/984.md) (acquirer)
- [ITP](https://endata.com/companies/17055.md) (target)
- [ITP (Industria de Turbo Propulsores)](https://endata.com/companies/23690.md) (target)

## Sources

- [government-world.com](http://www.government-world.com/mergers-commission-clears-acquisition-of-sole-control-of-itp-by-rolls-royce-subject-to-conditions/), 2017-04-19: "The Commission concluded that the transaction, as modified by the commitments, would no longer raise competition concerns."
- [wired-gov.net](https://www.wired-gov.net/wg/news.nsf/articles/EC+clears+acquisition+of+sole+control+of+ITP+by+RollsRoyce+subject+to+conditions+20042017112000?open=), 2017-04-20: "The European Commission has cleared under the EU Merger Regulation the proposed acquisition of aircraft engine components maker ITP (Spain) by aircraft engine maker Rolls-Royce (UK)."
- [aircosmosinternational.com](https://aircosmosinternational.com/article/commission-clears-rolls-royce-acquisition-of-itp-1527), 2017-04-20: "The decision is conditional on Rolls-Royce eliminating a conflict of interest concerning the EPI engine consortium."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.