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Miele-Metall Zug joint venture gets conditional approval in Austria

( June 11, 2024, 13:42 GMT | Official Statement) -- MLex Summary: Miele Beteiligungs-GmbH and Metall Zug have won approval for their plan to create an infection-control and life-sciences joint venture, the Austrian competition agency said today. The clearance is subject to a set of remedies including the obligation to boost rival Servosan with support services and premium payments with a view to extend the company's cleaning and disinfection devices business with hospitals. In March, the authority asked the nation's competition specialist court for an in-depth review into the deal. Statement follows (in German). ...

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