Germany’s Federal Cartel Office (Bundeskartellamt) has approved Pneuhage Gruppe’s acquisition of tyre wholesaler Gewe Reifengroßhandel GmbH. This means that the business will be a wholly-owned subsidiary of Pneuhage Management GmbH & Co. KG from 1 January 2023 and become the third tyre wholesaler in the Pneuhage Group alongside Interpneu and Reifen Center Wolf.
Competition watchdog greenlights German tyre wholesale acquisition
