# C_2017169EN.01005001.xml

| 30.5.2017 | EN | Official Journal of the European Union | C 169/50 |
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30.5.2017

EN

Official Journal of the European Union

C 169/50

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Prior notification of a concentration

(Case M.8474 — HNA/CWT)

Candidate case for simplified procedure

(Text with EEA relevance)

(2017/C 169/18)

| 1. | On 18 May 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which HNA Group Co., Ltd (‘HNA Group’, China) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over CWT Limited (‘CWT’, Singapore), by way of a voluntary conditional offer. |
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1.

On 18 May 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which HNA Group Co., Ltd (‘HNA Group’, China) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over CWT Limited (‘CWT’, Singapore), by way of a voluntary conditional offer.

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| 2. | The business activities of the undertakings concerned are:
  —   HNA Group: conglomerate with investments in airlines, real estate and hodings, hotels, shipping, logistics, capital management, ecological technology and leasing companies. The core focus of HNA Group is China and the Asia region, and with activities in the European Union.
  —   CWT: is a corporation listed on the Mainboard of the Singapore Exchange Securities Trading Limited that provides integrated logistics solutions and related services ancilliary to its core logistics business. The majority of its activities are in Asia Pacific. In the European Union, CWT’s activities relate mainly to logistics services and commodity marketing. |
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2.

The business activities of the undertakings concerned are:

—   HNA Group: conglomerate with investments in airlines, real estate and hodings, hotels, shipping, logistics, capital management, ecological technology and leasing companies. The core focus of HNA Group is China and the Asia region, and with activities in the European Union.

HNA Group

—   CWT: is a corporation listed on the Mainboard of the Singapore Exchange Securities Trading Limited that provides integrated logistics solutions and related services ancilliary to its core logistics business. The majority of its activities are in Asia Pacific. In the European Union, CWT’s activities relate mainly to logistics services and commodity marketing.

CWT

| 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 the 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 the 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.8474 — HNA/CWT, 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.8474 — HNA/CWT, 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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