The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Heideasphalt GmbH & Co. KG (â€œHeideasphaltâ€) by Deutsche Asphalt GmbHÂ and KEMNA BAU Andrae GmbH & Co. KG (â€œKEMNA BAUâ€), all three of Germany.
Heideasphalt is a newly created joint venture that will operate an asphalt mixing plant in Wittingen, Germany, currently operated by Deutsche Asphalt. Deutsche Asphalt is active in the production of various types of asphalt for asphalt base courses, asphalt binder courses and asphalt surface courses. KEMNA BAU is active in various market stages of traffic route construction.
The Commission concluded that the proposed acquisition would raise no competition concerns given that Heideasphalt has negligible actual or foreseen activities within the territory of the European Economic Area, and it would have a moderate market position in Northern Germany resulting from the transaction. The transaction was examined under the simplified merger review procedure.