# C_2015006EN.01000501.xml

| 10.1.2015 | EN | Official Journal of the European Union | C 6/5 |
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10.1.2015

EN

Official Journal of the European Union

C 6/5

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Prior notification of a concentration

(Case M.7469 — Itochu/Hitachi Construction Machinery/Hitachi Construction Machinery Finance Indonesia/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 6/05)

| 1. | On 23 December 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Itochu Corporation (‘Itochu Group’, Japan) and Hitachi Construction Machinery Co., Ltd and PT Hexindo Adiperkasa Tbk (‘Hitachi Group’, Japan) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control over PT Hitachi Construction Machinery Finance Indonesia (‘JV’, Indonesia) by way of purchase of shares. |
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1.

On 23 December 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Itochu Corporation (‘Itochu Group’, Japan) and Hitachi Construction Machinery Co., Ltd and PT Hexindo Adiperkasa Tbk (‘Hitachi Group’, Japan) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control over PT Hitachi Construction Machinery Finance Indonesia (‘JV’, Indonesia) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   Itochu Group: worldwide trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, information and communications technology, realty; insurance, logistics services, construction and finance,
  —   Hitachi Group: worldwide manufacturing of construction machinery with a focus on hydraulic excavators and sale of wheel loaders, off-road dump trucks and some other products,
  —   JV: provision of financial services to customers and dealers in relation to the purchase of construction machineries and trucks of Hitachi Group in Indonesia. |
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2.

The business activities of the undertakings concerned are:

—   Itochu Group: worldwide trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, information and communications technology, realty; insurance, logistics services, construction and finance,

Itochu Group

—   Hitachi Group: worldwide manufacturing of construction machinery with a focus on hydraulic excavators and sale of wheel loaders, off-road dump trucks and some other products,

Hitachi Group

—   JV: provision of financial services to customers and dealers in relation to the purchase of construction machineries and trucks of Hitachi Group in Indonesia.

JV

| 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7469 — Itochu/Hitachi Construction Machinery/Hitachi Construction Machinery Finance Indonesia/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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7469 — Itochu/Hitachi Construction Machinery/Hitachi Construction Machinery Finance Indonesia/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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