Yamaha Motor Europe approaches EU to buy Yamaha Distribution
October 30, 2007
Filed under Features
Yamaha Motor Corporation’s European sales division is seeking to buy the company’s distribution operations for the continent, Thomson Financial reported Oct. 29.
The European Commission has set an inquiry deadline for Netherlands-based Yamaha Motor Europe NV’s proposed acquisition, for an undisclosed sum, of Yamaha Distribution Companies for Nov. 28.
Yamaha Motor Europe is a unit of the Yamaha Motor Corporation and is responsible for the marketing and sales of Yamaha products in Europe.
Yamaha Distribution Companies consists of Mitsui Motor Polskia SpZOO of Poland, Yamaha Motor Deutschland GmbH of Germany and Yamaha Motor UK LTD of the United Kingdom. They are responsible for the import and wholesale distribution of Yamaha products in their respective territories.