# BMW and Daimler receive EU approval for mobility services joint venture

The European Commission approved the merger of BMW Group and Daimler AG's mobility services business units into a 50:50 joint venture, covering on-demand mobility, car sharing, ride-hailing, parking, and charging.

- Type: Acquisition
- Announced: 2018-11-09
- Where: Germany
- Status: announced
- Products: mobility services, car sharing, ride-hailing, parking, charging

## Companies

- [Daimler](https://endata.com/companies/3543.md) (partner)
- [BMW](https://endata.com/companies/13009.md) (partner)

## Sources

- [fleetnews.co.uk](https://www.fleetnews.co.uk/news/manufacturer-news/2018/11/09/bmw-daimler-mobility-services-merger-gets-green-light-in-europe), 2018-11-09: "The European Commission has approved the merger of BMW Group and Daimler AG's mobility services business units, subject to conditions."

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