Tue. Oct 4th, 2022

Brussels, 1 September 2022

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of pitstop.de GmbH (‘pitstop’) by -Coburg Haftpflicht-Unterstützungs-Kasse kraftfahrender Beamter Deutschlands a.G. (‘HUK’), LNN Flug GmbH (‘LNN’), all of Germany, and Bridgestone Europe NV/AS (‘BRI’) of Belgium.

Pitstop is an automotive workshop chain offering services such as inspections, maintenance and repairs of motor vehicles. HUK is an insurance company with a focus on motor vehicle insurance. LNN is solely owned by Mr Stefan Kulas and is active in the air charter business. BRI is the European subsidiary of Bridgestone Corporation and mainly supplies new tyres to automotive manufacturers and tyre retailers. The Commission concluded that the proposed acquisition would raise no competition concerns, given its limited impact on the market. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.10849. 

Source – EU Commission