Case details

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Merger control
Case reference
CCENT/2003/27 - HG CAPITAL/W.E.T.
Acquiring
HgCapital LLP
Description
Venture capital investment firm.
Acquired
W.E.T. Automotive Systems AG
Description
Company active in the manufacture of automotive parts and accessories (seat heating elements, ventilated seat comfort systems) industry sector.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G45 - Wholesale and retail trade and repair of motor vehicles and motorcycles
Applicable legislation
Inapplicability (Law 18)
Notification thresholds
Inapplicability (Law 18)
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
The notified concentration consists of the acquisition of sole control over W.E.T. by HG CAPITAL
Timeline
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