Lufthansa Technik and Pepperl+Fuchs to form joint venture for aircraft automation

Lufthansa Technik and Pepperl+Fuchs notified the European Commission of a proposed concentration to create a joint venture for research, development and sale of sensor-based automation solutions for aircraft maintenance services. The notification was filed on 3 November 2017.

“Lufthansa Technik and Pepperl+Fuchs acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of a newly created joint venture.”publications.europa.eu

• 1 source
• publications.europa.euC_2017396EN.01001101.xmlNov 23, 2017

Summarized from public sources; check the original articles before acting on it.