European Commission Greenlights Merger Between Gamesa and Siemens

Wind Industry Profile of

The European Commission has cleared unconditionally under the EU Merger Regulation the proposed acquisition of wind turbine manufacturer Gamesa by Siemens. The Commission found that the transaction raises no competition concerns, because a number of credible competitors would remain in the market.

The Commission has investigated the impact of the proposed transaction on the onshore and offshore wind turbine markets, where the activities of Siemens and Gamesa overlap: The onshore wind turbine market is rather fragmented with several large competitors even after the merger. The offshore wind turbine market is more concentrated with Siemens and MHI Vestas being the main competitors. Gamesa is also active in the market... ... More: Official Press Release European Commission

Keywords:

EU, commission, merger, Gamesa, Siemens