Emil Frey Belgique may buy Renault Neri Liège and Ets Fernand NeriChristian Fernsby ▼ | January 10, 2020
The Investigation and Prosecution Service of the Belgian Competition Authority (BCA) has approved on 8 January 2020 the acquisition of SA Renault Neri Liège and SA Ets Fernand Neri by SA Emil Frey Belgique.
Merger Emil Frey Belgique
Topics: Emil Frey Belgique Renault Neri Liège Ets Fernand Neri
SA Emil Frey Belgique is a subsidiary of the Swiss group Emil Frey, which distributes motor vehicles in Europe through authorized dealerships.
It is active in Belgium, and in particular in the Liège area, in the sale and after-sales services of new and second hand VW, Audi, Seat, Skoda and SsangYong motor vehicles in the authorised dealerships it controls.
SA Renault Neri Liège and SA Ets Fernand Neri are mainly active in the sale and after-sale services of new and second hand Renault and Dacia motor vehicles through four authorized dealerships in the Liège area.
In its decision of 8 January 2020, the BCA finds that the conditions for the application of the simplified procedure are met and that the notified merger does not raise any objections. ■