Kiesel fined €2.4m in Austria for illegal mergers
( October 5, 2026, 10:52 GMT | Official Statement) -- MLex Summary: German company Kiesel GmbH must pay a fine of €2.4 million for illegally implementing two deals with Suncar and Vemcon, after Austria's Supreme Court increased the penalty from €240,000, the national competition authority has said. The company retroactively notified its acquisition of stakes in Vemcon, Suncar and EmiControls Europe in 2023.Statement follows (in German). ...
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