The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed acquisition of the share capital of DTN Europe B.V. (Philippines Shipping Business) by ABB B.V. and ABB. Inc..
ABB B.V. is a private limited liability company duly registered under the laws of the Netherlands. ABB BV is the local sales and service organization of the ABB Group in Netherlands. Currently, ABB BV operates a manufacturing facility, a marine services center, sales offices and Enterprise Resource Planning systems (ERP).
ABB. Inc. is a company duly registered under the laws of the Philippines. ABB Inc. is a subsidiary of the ABB group of companies in the Philippines. This company works with large-scale organizations that power utilities, infrastructure, oil and gas, food and beverage, and renewable energy.
DTN Europe B.V. is a private limited liability company duly registered under the laws of Netherlands. The Target is active in the market of providing services and solutions of weather know-how to optimize the routing of ships based on weather conditions.
|