The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Rolls-Royce SMR Limited (‘Rolls-Royce SMR’) by Rolls-Royce Plc (‘Rolls-Royce’), both of the UK, and CEZ Holdings B.V. (‘CEZ’) of the Netherlands.
The transaction relates primarily to the research, development, and deployment of small modular nuclear reactor designs.
The Commission concluded that the notified transaction would not raise competition concerns due to its limited impact on the European Economic Area, and given the companies’ limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11809.
