# C_2014053EN.01002901.xml

| 25.2.2014 | EN | Official Journal of the European Union | C 53/29 |
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25.2.2014

EN

Official Journal of the European Union

C 53/29

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Prior notification of a concentration

(Case COMP/M.7141 — AGCO Corporation/Basic Element/Russian JV)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 53/08

| 1. | On 18 February 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which AGCO Corporation (‘AGCO Corporation’, USA) and Basic Element (‘Basic Element’, Russia) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of newly created companies constituting a joint venture (jointly referred to as the ‘Russian JV’, Russia) by way of purchase of shares. |
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1.

On 18 February 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which AGCO Corporation (‘AGCO Corporation’, USA) and Basic Element (‘Basic Element’, Russia) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of newly created companies constituting a joint venture (jointly referred to as the ‘Russian JV’, Russia) by way of purchase of shares.

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






  — | for AGCO Corporation: design, manufacturing, marketing and distribution of agricultural machinery worldwide, |
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2.

The business activities of the undertakings concerned are:

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for AGCO Corporation: design, manufacturing, marketing and distribution of agricultural machinery worldwide,

| — | for Basic Element: diversified industrial group, operating inter alia in automobile manufacturing and production of road-building equipment in Russia, |
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for Basic Element: diversified industrial group, operating inter alia in automobile manufacturing and production of road-building equipment in Russia,

| — | for the Russian JV: design, development, assembly, component localisation, manufacturing and distribution of certain agricultural machinery and equipment in Russia. |
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for the Russian JV: design, development, assembly, component localisation, manufacturing and distribution of certain agricultural machinery and equipment in Russia.

| 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 the 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 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.7141 — AGCO Corporation/Basic Element/Russian 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 number COMP/M.7141 — AGCO Corporation/Basic Element/Russian 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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