# C_2019176EN.01002901.xml

| 22.5.2019 | EN | Official Journal of the European Union | C 176/29 |
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22.5.2019

EN

Official Journal of the European Union

C 176/29

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Prior notification of a concentration

(Case M.9350 — Santander Group/Mapfre Group/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2019/C 176/08)

1.

This notification concerns the following undertakings:

| — | Banco Santander, S.A., and subsidiaries (‘Santander Group’, Spain), |
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Banco Santander, S.A., and subsidiaries (‘Santander Group’, Spain),

| — | Mapfre, S.A., and subsidiaries (‘Mapfre Group’, Spain), |
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Mapfre, S.A., and subsidiaries (‘Mapfre Group’, Spain),

| — | Santander Global Seguros y Reaseguros, S.A.U. (‘JV’, Spain), controlled by the Santander Group. |
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Santander Global Seguros y Reaseguros, S.A.U. (‘JV’, Spain), controlled by the Santander Group.

Santander Group and Mapfre Group acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a JV.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.

| — | Santander Group, which is active in retail banking, corporate banking, investment banking, asset management and treasury across Europe, the United States, Latin America and Asia, |
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Santander Group, which is active in retail banking, corporate banking, investment banking, asset management and treasury across Europe, the United States, Latin America and Asia,

| — | Mapfre Group, which is active in insurance and reinsurance provision and distribution across 45 countries, |
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Mapfre Group, which is active in insurance and reinsurance provision and distribution across 45 countries,

| — | the JV, which is intended to be active on the market for the provision of certain categories of non-life insurance, mainly to commercial entities and small and medium-sized enterprises, in Spain. |
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the JV, which is intended to be active on the market for the provision of certain categories of non-life insurance, mainly to commercial entities and small and medium-sized enterprises, in Spain.

3.

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 the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.9350 — Santander Group/Mapfre Group/JV

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

| Email: COMP-MERGER-REGISTRY@ec.europa.eu |
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| Fax +32 22964301 |
| Postal address: |
| European Commission |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal 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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