Kayaba Industry Co Ltd / A.P. Amortiguadores SA

OFT closed case: Anticipated acquisition by Kayaba Industry Co Limited of the outstanding shares in A.P. Amortiguadores SA.

• From: Competition and Markets Authority
• Published: 18 February 2004

• Case type: Mergers
• Case state: Closed
• Market sector: Motor industry
• Outcome: Mergers - phase 1 found not to qualify
• Closed: 18 February 2004

Affected market: Automotive shock absorbers

No. ME/1588/04

On the basis of the information available to it, the OFT has decided that the proposed acquisition of A.P. Amortiguadores SA by Kayaba Industry Co Limited does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

Published 18 February 2004