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EU Clears Global Auto's Acquisition of Mercedes-Benz's Retail, Service Centers

MT Newswires·08/10/2026 06:39:05
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06:39 AM EDT, 08/10/2026 (MT Newswires) -- The European Commission on Monday approved the acquisition of eight retail and service outlets of German automaker Mercedes-Benz Group (MBG.F) by UK-based Global Auto Holdings (Topco). The deal relates mainly to the distribution of motor vehicles and spare parts, and the provision of certain after-sales services in the Berlin metropolitan area. The regulator concluded that the transaction would not raise competition concerns due to the companies' limited combined market position.