The President of UOKiK has issued her consent for creating one joint undertaking (BMW Peugeot Citroen Electrification) by BMW and Peugeot

BMW and Peugeot deal with production and sale of cars and motorcycles, inter alia, under BMW, MINI, Rolls-Royce as well as Peugeot and Citroen brands. As a consequence of the concentration, there shall be created a new undertaking operating under the name BMW Peugeot Citroen Electrification. It will manufacture components for electric drive systems and programming applied in hybrid electric vehicles.

Under the existing regulations, a transaction is subject to a notification submitted to the antitrust authority if the transaction participants' combined turnover in the year preceding the notification exceeded 1 billion euro worldwide or 50 million euro in Poland

Having conducted the antitrust proceedings, the President of the Office decided that the concentration stall not significantly restrict competition.

Under the existing regulations, a transaction is subject to a notification submitted to the antitrust authority if the transaction participants' combined turnover in the year preceding the notification exceeded 1 billion euro worldwide or 50 million euro in Poland.

Simultaneously we would like to inform that infomation on all antitrust proceedings concerning concentrations carried out by UOKiK, is available at the Office’s website.

Additional information for the media:
Małgorzata Cieloch, Spokesperson for UOKiK
Department of International Relations and Communication
Pl. Powstańców Warszawy 1, 00-950 Warszawa
Tel. +48 22 827 28 92, 55 60 106, 55 60 430
faks +48 22 826 11 86
E-mail: [SCODE]bWFsZ29yemF0YS5jaWVsb2NoQHVva2lrLmdvdi5wbA==[ECODE]