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        News and Press Release

        CCI approves acquisition of sole control of Meritor by Cummins

        March 15, 2023

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        The Competition Commission of India (CCI) approves acquisition of sole control of Meritor by Cummins. The combination consisted of the acquisition of sole control of Meritor, Inc. by Cummins Inc.

        Cummins, a stock corporation under USA, is said to be engaged in designs, manufactures, distribution and service of diesel, natural gas, electric and hybrid powertrains and powertrain-related components.

        Meritor, a stock corporation under USA, is said to be a supplier of axles, brakes, and other modules and components to OEMs and the aftermarket for the commercial vehicle, transportation and industrial sectors.

        Detailed order of the CCI will follow.

        Merger control approval: Cummins to acquire sole control of Meritor following regulator clearance, detailed order to follow. The Competition Commission of India granted clearance for the acquisition of sole control of Meritor, Inc. by Cummins Inc., confirming merger control approval of the proposed transaction; a detailed CCI order providing the reasons and conditions will be issued separately.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Merger control approval: Cummins to acquire sole control of Meritor following regulator clearance, detailed order to follow.

                                The Competition Commission of India granted clearance for the acquisition of sole control of Meritor, Inc. by Cummins Inc., confirming merger control approval of the proposed transaction; a detailed CCI order providing the reasons and conditions will be issued separately.


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