# m8697.docx

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EUROPEAN COMMISSION

Brussels, 15.3.2018

C(2018) 1677 final

PUBLIC VERSION

To the notifying party :

To the notifying party

:

Subject:Case M.8697 — APMH Invest/Mitsui/Maersk Product Tankers

  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
  1
  and Article 57 of the Agreement on the European Economic Area
  2

Subject

:

Case M.

8697 — APMH Invest/Mitsui/Maersk Product Tankers

Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)

No

139/2004

1

and Article 57 of the Agreement on the European Economic Area

2

Dear Sir or Madam,

Dear Sir or Madam,

1.On 20 February 2018, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which APMH Invest A/S (‘APMH Invest’, Denmark) and Mitsui & Co., Ltd (‘Mitsui’, Japan) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of Maersk Product Tankers A/S (‘MPT’, Denmark), currently wholly owned by APMH Invest. The concentration is accomplished by way of purchase of shares.
  3

1.

On

20 February 2018

,

the

European

Commission received notification of a proposed concentration pursuant to Article 4 of

the

Merger

Regulation by which

APMH Invest A/S (‘APMH Invest’, Denmark) and Mitsui & Co., Ltd (‘Mitsui’, Japan) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of Maersk Product Tankers A/S (‘MPT’, Denmark), currently wholly owned by APMH Invest. The concentration is accomplished by way of purchase of shares

.

3

2.The business activities of the undertakings concerned are:

2.

The business activities of the undertakings concerned are:

-for APMH Invest: holding company with interests in banking, infrastructure and financial investments in fixed income and securities,

-

for APMH Invest

:

holding company with interests in banking, infrastructure and financial investments in fixed income and securities,

-for Mitsui: global group pursuing business that ranges from product sales, worldwide logistics and financing through to the development of major infrastructure and other projects,

-

for Mitsui

:

global group pursuing business that ranges from product sales, worldwide logistics and financing through to the development of major infrastructure and other projects,

-for MPT: active in the maritime tramp vessel sector for the transport of liquid bulk products, specifically refined oil products and certain chemicals.

-

for MPT

:

active in the maritime tramp vessel sector for the transport of liquid bulk products, sp

ecifically refined oil products and certain chemicals.

3.After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5 (c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
  4

3.

After examination of the notification, the

European

Commission has concluded that the notified operation falls within the scope of

the

Merger

Regulation

and of paragraph

5

(

c

)

of the Commission Notice on a simplified procedure for treatment of certain concentrations under

Council Regulation (EC)

No

139/2004

.

4

4.For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

4.

For the reasons set out in the Notice on a simplified procedure, the

European

Commission has decided not to oppose the notified operation and to declare it compatible with the

internal

market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of

the

Merger

Regulation

and Article 57 of the EEA Agreement

.

For the Commission

For the Commission

(Signed)

(Signed)

Johannes LAITENBERGER
  Director-General

OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of 'Community' by 'Union' and 'common market' by 'internal market'. The terminology of the TFEU will be used throughout this decision.

OJ C 366, 14.12.2013, p. 5.