M/13/016 – GE / Lufkin
Transaction details
The proposed acquisition of Lufkin Industries, Inc. by General Electric Company has been cleared by the Competition Authority.
| Notification date | Decision date |
|---|---|
| Friday May 3, 2013 | Wednesday, May 22, 2013 |
| Parties Involved | Business activities |
|---|---|
| General Electric Company | The General Electric Company is a global diversified manufacturing, technology and services company incorporated in the state of New York, United States, with its headquarters in Fairfield, Connecticut, United States. |
| Lufkin Industries, Inc. | Lufkin operates within two main business segments, namely oilfield products and services and power transmission products and services. |
| Economic sector | Media merger |
|---|---|
| The industrial automation sector | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, May 17, 2013 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Elaine Cahill | Tel: 01-804 5482, email: ec@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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Competition and Consumer Protection Commission
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