German antitrust authority okays Körner Druck’s takeover by CMG

BRUSSELS, Jan. 10, 2019 (PPI Europe) -The German competition authority Bundeskartellamt has cleared the acquisition of the operational activities of German printing company Körner Druck by the Netherlands-based printer Circle Media Group (CMG). Körner Druck is the largest company of the Heer Media Group, which started insolvency proceedings in August last year.

In Austria, where the planned deal was notified with the relevant authorities as well, the Federal Competition Authority and the Federal Cartel Prosecutor did not apply for examination of the merger by the Cartel Court.

Körner Druck is a web-offset printer in southwest Germany which specializes in catalogs and advertisement ...

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