# C_2011361EN.01002901.xml

| 10.12.2011 | EN | Official Journal of the European Union | C 361/29 |
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10.12.2011

EN

Official Journal of the European Union

C 361/29

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Prior notification of a concentration

(Case COMP/M.6414 — Itochu/Tessenderlo Chemie/Siemens Project Ventures/T-Power JV)

Candidate case for simplified procedure

(Text with EEA relevance)

2011/C 361/10

| 1. | On 5 December 2011, the Commission has received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Power Kerstel Limited (‘Kerstel’, England/Wales), a wholly-owned subsidiary of Itochu Corporation (‘Itochu’, Japan), Tessenderlo Chemie N.V. (‘TC’, Belgium) and Siemens Project Ventures Gmbh (‘SPV’, Germany), a subsidiary of Siemens AG (‘Siemens’, Germany) acquire within the meaning of Article 3(1)(b) of the Merger Regulation EUMR joint control of T-Power N.V. (‘T-Power’, Belgium) by way of purchase of shares. |
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1.

On 5 December 2011, the Commission has received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Power Kerstel Limited (‘Kerstel’, England/Wales), a wholly-owned subsidiary of Itochu Corporation (‘Itochu’, Japan), Tessenderlo Chemie N.V. (‘TC’, Belgium) and Siemens Project Ventures Gmbh (‘SPV’, Germany), a subsidiary of Siemens AG (‘Siemens’, Germany) acquire within the meaning of Article 3(1)(b) of the Merger Regulation EUMR joint control of T-Power N.V. (‘T-Power’, Belgium) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | Itochu/Kerstel: holding company for companies active in a broad range of industries, including energy projects, |
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2.

The business activities of the undertakings concerned are:

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Itochu/Kerstel: holding company for companies active in a broad range of industries, including energy projects,

| — | TC: manufacture of specialty products, |
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TC: manufacture of specialty products,

| — | Siemens/SPV: investment in and development of major infrastructure projects, including production of equipment for the electricity sector, |
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Siemens/SPV: investment in and development of major infrastructure projects, including production of equipment for the electricity sector,

| — | T-Power: the generation and wholesale of electricity in Belgium. |
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T-Power: the generation and wholesale of electricity in Belgium.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the 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 number COMP/M.6414 — Itochu/Tessenderlo Chemie/Siemens Project Ventures/T-Power JV, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 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 number COMP/M.6414 — Itochu/Tessenderlo Chemie/Siemens Project Ventures/T-Power JV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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