The European Commission has cleared three takeovers under the EU Merger Regulation, including Aberdeen Group and DigitalBridge’s joint purchase of ZeMobility.
Aberdeen, a UK company, and US investor DigitalBridge were approved to acquire joint control of ZeMobility JV SCSp, a Luxembourg-based joint venture whose business is primarily the operation of electric bus assets in Colombia and Chile, the Commission announced on Friday.
The deal was reviewed under the Commission’s simplified merger procedure, after it found the transaction would not raise competition concerns because it would have limited impact in the European Economic Area.
The case is listed in the Commission’s public merger register under reference M.12414.
Apollo cleared to take sole control of Nippon Sheet Glass
In a separate decision, the Commission approved Apollo Funds’ acquisition of sole control of Nippon Sheet Glass Company, Limited of Japan.
Apollo Funds are managed by Apollo Capital Management and ultimately controlled by Apollo Global Management, all based in the United States.
The transaction concerns the manufacturing and supply of glass products, and was cleared because the companies are not active in the same or vertically related markets — meaning they do not compete directly or operate at different stages of the same supply chain.
That merger was also examined under the simplified procedure and is registered under case number M.12415.
The Commission also cleared SPIE Germany Switzerland Austria GmbH’s takeover of ROFA Industrial Automation AG, both German companies, covering industrial automation solutions and engineering services.
It found no competition concerns due to the parties’ limited combined market position following the transaction, and listed the decision under case number M.12383.
