Mergers: Commission approves joint takeover of CDPR by PGA and Bernard Group

 The European Commission has approved, under the European Merger Regulation, the joint takeover of CDPR by PGA Group SAS and Bernard Participation SAS (Groupe Bernard), all based in France. CDPR is active in the retail distribution of genuine PSA spare parts for private and commercial motor vehicles and non-original vehicles for all types of vehicles. PGA is active in the retail distribution of automobiles and spare parts in France, Poland, the Netherlands, Belgium, Spain and Italy. Groupe Bernard operates various car and truck concessions in France. The Commission concluded that " The proposed transaction did not give rise to any competition concerns given the limited market shares of the companies and the large number of competitors on the markets concerned. The transaction was examined under the simplified merger control procedure. For more information, please consult the Public Registry of Competition Affairs on the Commission's Competition website under number M.8491 . (For more information: Ricardo Cardoso  - Tel .: +32 229 80100; Maria Sarantopoulou - Tel .: +32 229 13740) The transaction was examined under the simplified merger control procedure. For more information, please consult the Public Registry of Competition Affairs on the Commission's Competition website under number M.8491 . (For more information: Ricardo Cardoso - Tel .: +32 229 80100; Maria Sarantopoulou - Tel .: +32 229 13740) The transaction was examined under the simplified merger control procedure. For more information, please consult the Public Registry of Competition Affairs on the Commission's Competition website under number M.8491 . 

 

 

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