Deutsche Post, Metro, GS1 joint venture cleared by EU
The European Commission said it has cleared Deutsche Post AG, Metro AG and GS1 Germany GmbH’s proposed acquisition of shares for joint control of European EPC Competence Centre.
The transaction was examined under the EU’s ‘simplified’ merger review procedure; cases which the commission believes do not pose competition concerns.
No financial details were disclosed.
Deutsche Post has postal, logistics and financial services. Metro is a supermarket group, while GS1 deals with data and goods traffic optimisation systems.
The European EPC Competence Centre runs tests on electronic transmitters provided with goods.
