Reydel Automotive Holding B.V.
Case brief
What is this about?
The Competition Commission of India considered a notice regarding the acquisition of Visteon's automotive interiors business by Reydel Automotive Holdings B.V. Finding no appreciable adverse effect on competition, the Commission approved the combination under Section 31(1) of the Competition Act, 2002.
What did the court decide?
Approval of the proposed combination under Section 31(1) of the Competition Act, 2002.
What the court decided
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA
(Combination Registration No. C-2015/08/298)
25.05.2016
Notice filed by Reydel Automotive Holdings B.V.
CORAM:
Mr. Devender Kumar Sikri
Chairperson
Mr. Augustine Peter Member
Mr. U. C. Nahta Member
Mr. M. S. Sahoo Member
Mr. G. P. Mittal
Member
Issues for consideration
3 issues framed by the court
Whether the acquisition of automotive interiors business of Visteon by Reydel is likely to have any appreciable adverse effect on competition in India.
Whether the combination requires approval under the Competition Act, 2002.
Whether there is horizontal or vertical overlap between the Acquirer and the Target business.
Parties & counsel
- applicant
Reydel Automotive Holdings B.V.
- other
Cerberus Group
- other
Visteon Corporation
- other
Visteon Automotive Systems India Private Limited
- other
Visteon Interiors Systems Private Limited
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 — this page
- Order 2
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