The Netherlands Authority for Consumers and Markets cleared the acquisition of industrial manufacturers Geveke and LEWA by Atlas, finding sufficient competition remains in industrial pumps and air compressors. The decision was dated 26 July 2022.
The European Commission approved Danfoss' $3.3 billion acquisition of Eaton's hydraulics business, conditional on Danfoss keeping commitments made to address competition concerns in mobile hydraulic components.
The European Commission opened an in-depth investigation into Eaton's planned $3.3 billion sale of its hydraulics business to Danfoss over concerns about competition in hydraulic components for mobile machinery.
Parker Hannifin has offered the US Department of Justice concessions, including selling the aviation fuel filtration business, to address the agency's post-closing challenge to its $4.3 billion Clarcor acquisition.