Anticipated acquisition by Siemens Beteiligungsverwaltung GmbH of the flow metering business of Danfoss A/S

Affected market: Flow metering products

No. ME/1325/03

The parties notified the transaction on 12 August 2003. The 40 day administrative deadline will be 8 October.

On the basis of the information available to it, the Office of Fair Trading has decided that the proposed acquisition of the flow metering business of Danfoss A/S by Siemens Beteiligungsverwaltung GmbH does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.

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