[Decision Summary] Approval of Joint Venture between HongKong CBL Limited and PT Industri Baterai Indonesia
The Polish Competition Authority has approved the merger between HongKong CBL Limited and PT Industri Baterai Indonesia, allowing them to establish a joint venture without any conditions or remedies.
10.09.2025 | Polish Competition Authority (DKK)
The Polish Competition Authority (UOKiK) issued Decision No DKK-220/2025 on September 11, 2025, approving the merger between HongKong CBL Limited from Hong Kong and PT Industri Baterai Indonesia from Jakarta, Indonesia. This decision follows an antitrust investigation initiated at the request of the involved parties.
The merger involves the creation of a joint venture as outlined in the application submitted by the parties. The authority determined that the merger does not raise any competition concerns and therefore did not require any remedies or further investigation.
In accordance with Polish law, the authority opted not to provide a detailed justification for the decision, as it fully aligns with the requests of the parties involved and does not adjudicate any disputes between them. The decision is subject to appeal to the District Court in Warsaw within one month of its delivery.