The Commission has cleared under the EU Merger Regulation the proposed acquisition of Mitsui Motor Polskia SP.Z.O.O. of Poland, Yamaha Motor Deutschland GMBH of Germany and Yamaha Motor UK Ltd by Yamaha Motor Europe N.V., part of the Yamaha Motor Corporation of Japan. The Commission concluded that the proposed transaction would not significantly impede competition in the European Economic Area (EEA) or any substantial part of it.
The target companies are active in the wholesale distribution of Yamaha products, principally motorcycles, scooters, marine outboard engines, inflatable boats, "WaveRunners" (a type of personal water craft), all-terrain vehicles, golf carts, generators and snowmobiles, in Poland, Germany and the UK.
The target companies have exclusive distribution rights for all Yamaha products in these three countries and are contractually precluded from distributing the products of other manufacturers. Yamaha's competitors have never been supplied by Yamaha or used Yamaha distribution channels, be it on the distribution or on the manufacturing market. Therefore, none of them would be affected in any way by the proposed transaction, which would not change the competitive structure of the relevant markets. [28 November 2007]