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EU: Comm clears acquisition of Radisson by Jin Jiang

By  |  November 6, 2018

The European Commission has approved, under the EU Merger Regulation, the acquisition of Radisson Holdings of the US and Radisson Hospitality of Sweden (together “Radisson”) by Jin Jiang International Holdings (“Jin Jiang”) of China.

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    Radisson operates a range of hotel brands. Jin Jiang is a hospitality and travel group that develops and manages hotels in China and the rest of the world.

    In the European Economic Area, Jin Jiang is mainly active through Groupe du Louvre hotels.

    The Commission concluded that the proposed acquisition would raise no competition concerns, because of the brand and geographic complementarity between Jin Jiang and Radisson.

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