German “PreZero Automotive” associated with “Lidl” has received permission to acquire “Autorecycling Kempers”

German "PreZero Automotive" associated with "Lidl" has received permission to acquire "Autorecycling Kempers"

„Due to the planned concentration, no dominant position will be created or strengthened, nor will competition be significantly restricted in the relevant markets,“ the Competition Council announced on Tuesday.

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According to it, companies associated with the asset management group „PreZero Automotive Holding“ in Europe and worldwide provide integrated waste management services, produce food products, bottle mineral water and soft drinks, trade in digital and information technology products, provide related services, trade retail daily consumer goods – operate the „Lidl“ retail network, the council states.

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