The Competition Commission, at its meeting on 14.06.2024, considered the case of the notification of the proposed concentration obtained through the acquisition of sole control of the undertakings LG – LHT Aircraft Solutions GmbH, LG – LHT Passenger Solutions GmbH and AerQ GmbH from the undertaking Lufthansa Technic AG.
The activities of Lufthansa Technik AG and LG Electronics Inc. do not overlap either in the upstream or downstream markets with the activity of the target companies. The target companies are not active and do not generate income in Albania. Based on the above, the announced transaction will not bring any change to the Albanian market.
For these reasons, the Competition Commission by Decision no. 1086, dated 14.06.2024, decided to authorize the proposed concentration through the acquisition of sole control of the undertakings LG – LHT Aircraft Solutions GmbH, LG – LHT Passenger Solutions GmbH and AerQ GmbH from the undertaking Lufthansa Technic AG.
In addition, please consult the official website of the Competition Authority at http://caa.gov.al