The Bundeskartellamt has cleared the acquisition of a minority shareholding in MAN AG, Munich, by Volkswagen AG, Wolfsburg. The merger affects the commercial vehicle sector. The business activities of Volkswagen and MAN do not overlap, either in Germany or Europe. MAN produces and distributes buses and medium and heavy-duty trucks in Europe, whereas Volkswagen produces and distributes light commercial vehicles.

The President of the Bundeskartellamt, Ulf Böge, stated: “The creation or strengthening of a dominant position is not to be expected. As a consequence, the merger could be cleared.”