EU Approves Deutsche Bahn To Acquire PCC Logistics
Published:15-June-2009
By Staff Reporter
The European Commission, executive arm of the European Union (EU), has cleared the proposed acquisition of the Polish logistics operations of PCC SE by German transporter, Deutsche Bahn.
PCC SE 's logistics activities in Poland are mainly conducted through the Polish companies PCC RAIL S.A., PCC Rail Rybnik S.A, and Trawipol Sp. z o.o. (PCC Logistics).
The acquisition mainly concerns rail freight services in Poland and Germany, and cross-border traffic between the two countries.
The Commission said that the acquisition of PCC Logistics would not considerably impede effective competition in the European Economic Area (EEA) or any substantial part of it.
"Even after the transaction, the freight forwarding markets would remain fragmented with strong competitors," the commission said.
DB is a German state-owned railroad company active in inter alia, passenger transport, freight forwarding and logistics, as well as ancillary services.
