German antitrust authority prohibits Miba-Zollern joint venture

The Bundeskartellamt has prohibited the planned joint venture between Miba AG and Zollern GmbH & Co. KG to pool their hydrodynamic plain bearing production activities. The decision was announced on January 17, 2019.

“With the merger, buyers of plain bearings in the respective industrial sectors in Germany and other European countries would lose an important alternative supplier.”bundeskartellamt.de

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• bundeskartellamt.deBundeskartellamt - Homepage - Bundeskartellamt prohibits merger between Miba and Zollern in bearing production sectorJan 17, 2019

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