# European Commission approves Hitachi's acquisition of Chassis Brakes International

The European Commission approved the acquisition of Chassis Brakes International (CBI) by Hitachi through its subsidiary Hitachi Automotive Systems, Ltd.

- Type: Acquisition
- Announced: 2019-08-02
- Status: completed
- Products: brakes
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [Hitachi Automotive Systems](https://endata.com/companies/5033.md) (acquirer)
- [Chassis Brakes International](https://endata.com/companies/41162.md) (target)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5251006/european-commission-approves-hitachis-acquisition-of-chassis-brakes-international), 2019-08-06: "The proposed acquisition would not raise any competition concerns."
- [automotivesuppliers.pl](https://automotivesuppliers.pl/en/europe/mergers-commission-clears-the-acquisition-of-chassis-brakes-international-by-hitachi), 2019-08-07: "The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Chassis Brakes International B.V. (CBI) of the Netherlands by Hitachi, Ltd (Hitachi), through its subsidiary Hitachi Automotive Systems, Ltd. (HIAMS), both of Japan."

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