# C_2017042EN.01001101.xml

| 9.2.2017 | EN | Official Journal of the European Union | C 42/11 |
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9.2.2017

EN

Official Journal of the European Union

C 42/11

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Prior notification of a concentration

(Case M.8368 — KKCG/Foxconn Technology/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2017/C 42/09)

| 1. | On 31 January 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings KKCG Group (Switzerland), ultimately controlled by the Valea Foundation (Liechtenstein), and Foxconn Technology CZ s.r.o. (Czech Republic, Foxconn Technology), ultimately controlled by Hon Hai Precision Industry Co., Ltd (Taiwan, Hon Hai), acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of the NewCo (Czech Republic) by way of a purchase of shares in a newly created company constituting a joint venture. |
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1.

On 31 January 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings KKCG Group (Switzerland), ultimately controlled by the Valea Foundation (Liechtenstein), and Foxconn Technology CZ s.r.o. (Czech Republic, Foxconn Technology), ultimately controlled by Hon Hai Precision Industry Co., Ltd (Taiwan, Hon Hai), acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of the NewCo (Czech Republic) by way of a purchase of shares in a newly created company constituting a joint venture.

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| 2. | The business activities of the undertakings concerned are as follows:
  —   KKCG Group: strategic investments in various fields, in particular in oil and gas, gaming and entertainment, tourism and the machining industry mainly in Europe,
  —   Foxconn Technology: part of Hon Hai, active globally in design, development, manufacturing, assembly and after-sales services for computer, communications and consumer electronics companies,
  —   The NewCo: private equity investment primarily in technology companies in the EEA. |
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2.

The business activities of the undertakings concerned are as follows:

—   KKCG Group: strategic investments in various fields, in particular in oil and gas, gaming and entertainment, tourism and the machining industry mainly in Europe,

KKCG Group

—   Foxconn Technology: part of Hon Hai, active globally in design, development, manufacturing, assembly and after-sales services for computer, communications and consumer electronics companies,

Foxconn Technology

—   The NewCo: private equity investment primarily in technology companies in the EEA.

The NewCo

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8368 — KKCG/Foxconn Technology/JV, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8368 — KKCG/Foxconn Technology/JV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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