# C_2016254EN.01000801.xml

| 13.7.2016 | EN | Official Journal of the European Union | C 254/8 |
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13.7.2016

EN

Official Journal of the European Union

C 254/8

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Prior notification of a concentration

(Case M.8127 — Volvo Car Corporation/Volverk/Volvofinans Bank)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 254/12)

| 1. | On 29 June 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Volvo Car Corporation (‘VCC’, Sweden) and AB Volverkinvest (‘Volverk’, Sweden) acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control over Volvofinans Bank AB (‘Volvofinans’, Sweden) by way of purchase of shares. |
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1.

On 29 June 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Volvo Car Corporation (‘VCC’, Sweden) and AB Volverkinvest (‘Volverk’, Sweden) acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control over Volvofinans Bank AB (‘Volvofinans’, Sweden) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for VCC: the design, development, manufacturing, marketing and wholesale of passenger cars and parts,
  —   for Volverk: dealer association representing the Swedish Volvo car dealership network and currently solely controlling Volvofinans,
  —   for Volvofinans: the provision of automotive financial services, fleet management services, credit card services and dealer financing. |
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2.

The business activities of the undertakings concerned are:

—   for VCC: the design, development, manufacturing, marketing and wholesale of passenger cars and parts,

for VCC

—   for Volverk: dealer association representing the Swedish Volvo car dealership network and currently solely controlling Volvofinans,

for Volverk

—   for Volvofinans: the provision of automotive financial services, fleet management services, credit card services and dealer financing.

for Volvofinans

| 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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.8127 — Volvo Car Corporation/Volverk/Volvofinans Bank, 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 M.8127 — Volvo Car Corporation/Volverk/Volvofinans Bank, 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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