In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition as amended and supplemented, and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the ‘operation summary’ below, containing the information provided by the parties.<\/p>\n
This information has been prepared by the notifying party, which is solely responsible. Any inaccurate or distorted information contained therein does not prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation<\/strong><\/p>\n Economic sectors concerned<\/strong><\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council received notification of an economic concentration operation concerning the acquisition, by the company ‘Samsung Electronics Co., Ltd.’, through its subsidiary ‘Samsung Electronics Europe Holding Co\u00f6peratief UA’, of all the shares of the company ‘Fl\u00e4ktGroup Holding GmbH’ with its subsidiaries.<\/p>\n ‘Samsung Electronics Europe Holding Co\u00f6peratief UA’ is a Dutch law Cooperative ‘Co\u00f6peratie’ subsidiary of ‘Samsung Electronics Co. Ltd.’, a provider of consumer electronics (including televisions, screens, air conditioners, refrigerators, and washing machines), information technology and mobile communication systems (including mobile phones, tablets, wearable devices, and network systems), and device solutions (such as semiconductors and mobile application processors). It manufactures OLED screens for smartphones, as well as automotive products (such as digital cockpits, car audio systems, and portable speakers).<\/p>\n ‘Fl\u00e4ktGroup Holding GmbH’ is a German limited liability company, headquartered in Herne, Germany, that develops, manufactures, and markets air technology solutions that ensure indoor air comfort and fire safety for a wide range of applications, mainly for non-residential use.<\/p>\n <\/p>\n Done in Rabat on June 19, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition as amended and supplemented, and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the ‘operation summary’ below, containing the information provided by the parties. This information has been prepared by the notifying party, which is solely responsible. Any inaccurate or distorted information contained therein does not prejudge the Competition Council’s position on the proposed operation. The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented. Names of the companies and groups concerned: The acquirer: ‘Samsung Electronics Europe Holding Co\u00f6peratief UA’; The target: ‘Fl\u00e4ktGroup Holding GmbH’. Nature of the operation Acquisition of exclusive control. Economic sectors concerned Heating, ventilation, and air conditioning products sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. June 30, 2025. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the acquisition, by the company ‘Samsung Electronics Co., Ltd.’, through its subsidiary ‘Samsung Electronics Europe Holding Co\u00f6peratief UA’, of all the shares of the company ‘Fl\u00e4ktGroup Holding GmbH’ with its subsidiaries. ‘Samsung Electronics Europe Holding Co\u00f6peratief UA’ is a Dutch law Cooperative ‘Co\u00f6peratie’ subsidiary of ‘Samsung Electronics Co. Ltd.’, a provider of consumer electronics (including televisions, screens, air conditioners, refrigerators, and washing machines), information technology and mobile communication systems (including mobile phones, tablets, wearable devices, and network systems), and device solutions (such as semiconductors and mobile application processors). It manufactures OLED screens for smartphones, as well as automotive products (such as digital cockpits, car audio systems, and portable speakers). ‘Fl\u00e4ktGroup Holding GmbH’ is a German limited liability company, headquartered in Herne, Germany, that develops, manufactures, and markets air technology solutions that ensure indoor air comfort and fire safety for a wide range of applications, mainly for non-residential use. Done in Rabat on June 19, 2025.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-39430","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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