The Czech competition authority has allowed SWO, controlled by automotive parts manufacturer HAUK, to take over its competitor KARSIT. The clearance was unconditional, the decision is final, and the case ran under the simplified procedure. Both companies press sheet metal, weld panel parts and assemblies, and carry out surface treatment for the automotive industry; HAUK additionally makes interior parts and assembles brake system components, while KARSIT produces seat frames. The authority found the combination raises no concerns of a substantial restriction of competition. Terms were not disclosed.
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