GIM/TCR Merger Cleared Without Opposition
Summary
The European Commission granted unconditional clearance to the proposed acquisition of TCR by GIM under the EC Merger Regulation. The Commission determined on 15 April 2026 that the concentration would not impede effective competition in the internal market. This Phase I clearance is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004. The full decision will be made publicly available after removal of business secrets.
“On 15 April 2026, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market.”
What changed
The Commission issued a decision not to oppose the notified concentration and to declare it compatible with the internal market under Article 6(1)(b) of the EC Merger Regulation. No remedies, conditions, or obligations were imposed on the parties.
The parties to the transaction may proceed with closing the merger without any regulatory constraints. Competitors and market participants in the relevant sectors affected by this transaction now have certainty that the merged entity has received unconditional regulatory approval from the Commission.
Archived snapshot
Apr 21, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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Non-opposition to a notified concentration (Case M.12389 – GIM / TCR)
C/2026/2596
OJ C, C/2026/2332, 21.4.2026, ELI: http://data.europa.eu/eli/C/2026/2332/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
ELI: http://data.europa.eu/eli/C/2026/2332/oj
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| | Official Journal
of the European Union | EN
C series |
| | C/2026/2332 | 21.4.2026 |
Non-opposition to a notified concentration
(Case M.12389 – GIM / TCR)
(Text with EEA relevance)
(C/2026/2332)
On 15 April 2026, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings (the EC Merger Regulation) (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:
| — | in the merger section of the ‘Competition policy’ website of the Commission (https://competition-cases.ec.europa.eu/search). This website provides various facilities to help locate individual merger decisions, including company name, case number, date and sectoral indexes, |
| — | in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32026M12389. EUR-Lex is the online point of access to European Union law. |
(1) OJ L 24, 29.1.2004, p. 1, ELI: http://data.europa.eu/eli/reg/2004/139/oj.
ELI: http://data.europa.eu/eli/C/2026/2332/oj
ISSN 1977-091X (electronic edition)
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