Case details

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Merger control
Case reference
Ccent/2024/94 - Brose Sitech*Incar/ Covercar
Acquiring
Brose Sitech sp. z o.o.
Description
Brose Group company supplier to the automotive industry, which develops and produces mechatronic systems for vehicle doors, seats and seat structures (including integrated seat adjustment components), as well as electric motors, including motors for steering, braking, transmissions and cooling of engines. In Portugal, it is active through two subsidiaries, Brose Sitech Unipessoal Lda. and Brose Sistemas de Fechaduras para Automóveis Unipessoal Ltda..
Acquired
COVERCAR, S.A.
Description
Group of companies based in Barcelona, ????Spain, which engages in the global manufacturing and production of components for the automotive industry, specifically, automobile seat covers, headrests, armrests, trunk and trunk liners, handbrake trims and linings, and lever padding of speeds. In Portugal, Covercar focuses its activity on car seat coverings, namely seat coverings.
Acquiring
Inversiones Carcarosa, S.L.
Description
Company incorporated in accordance with Spanish laws, whose activity is limited to the management of companies related to the activity of the Covercar group.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Case description

The merger consists of the acquisition by Brose Sitech sp. z o.o. ("Brose Sitech") and by Inversiones Carcarosa, S.L. ("Incar") jointly controlled by Covercar S.A. ("Covercar").

Timeline
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