# C_2015433EN.01000301.xml

| 23.12.2015 | EN | Official Journal of the European Union | C 433/3 |
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23.12.2015

EN

Official Journal of the European Union

C 433/3

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Prior notification of a concentration

(Case M.7762 — ArcelorMittal/Financial Entities/Grupo Condesa)

(Text with EEA relevance)

(2015/C 433/03)

| 1. | On 16 December 2015, 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 ArcelorMittal Aceralia Basque Holding, SL (Spain), belonging to ArcelorMittal Group (‘ArcelorMittal’), and the ‘Financial entities’ (2), (Spain) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Bagoeta SL (‘Bagoeta’, Spain) and part of its subsidiary companies integrating Condesa Group: Condesa Central de Compras, SLU (Spain), Condesa Fabril, SAU (Spain), Condesa Fabril Promotora, SLU (Spain), Conducciones y Derivados, SLU (Spain), Holding de Gestión de Empresas de Tubo, SLU (Spain), Mecanizados de Zalaín, SL (Spain), Perfiles de Precisión, SLU (Spain), Larreder, SLU (Spain), Profilmetal Sarl d’Associe Unique (Morocco), Derivados del Acero Tracero, SAU (Spain), Tubos de Celrá SA (Spain), Zalain Transformados, SL (Spain), Schwarzwälder Röhrenwerke (Germany) and Lorraine Tubes SAS (France) by way of purchase of shares. |
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1.

On 16 December 2015, 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 ArcelorMittal Aceralia Basque Holding, SL (Spain), belonging to ArcelorMittal Group (‘ArcelorMittal’), and the ‘Financial entities’ (2), (Spain) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Bagoeta SL (‘Bagoeta’, Spain) and part of its subsidiary companies integrating Condesa Group: Condesa Central de Compras, SLU (Spain), Condesa Fabril, SAU (Spain), Condesa Fabril Promotora, SLU (Spain), Conducciones y Derivados, SLU (Spain), Holding de Gestión de Empresas de Tubo, SLU (Spain), Mecanizados de Zalaín, SL (Spain), Perfiles de Precisión, SLU (Spain), Larreder, SLU (Spain), Profilmetal Sarl d’Associe Unique (Morocco), Derivados del Acero Tracero, SAU (Spain), Tubos de Celrá SA (Spain), Zalain Transformados, SL (Spain), Schwarzwälder Röhrenwerke (Germany) and Lorraine Tubes SAS (France) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for ArcelorMittal: mining, manufacturing and distribution of various steel products at global level;
  —   for the Financial Entities: banking and financial services;
  —   for Bagoeta: manufacturing of different types of small welded carbon steel tubes. |
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2.

The business activities of the undertakings concerned are:

—   for ArcelorMittal: mining, manufacturing and distribution of various steel products at global level;

for ArcelorMittal

—   for the Financial Entities: banking and financial services;

for the Financial Entities

—   for Bagoeta: manufacturing of different types of small welded carbon steel tubes.

for Bagoeta

| 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. |
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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.

| 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.7762 — ArcelorMittal/Financial Entities/Grupo Condesa, 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.7762 — ArcelorMittal/Financial Entities/Grupo Condesa, 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)  Banco Bilbao Vizcaya Argentaria SA, Banco de Sabadell SA, Banco Santander SA, Banco Popular Español SA, Bankia SA, Caixabank SA, Bankinter SA, Caja Rural de Navarra Sociedad Cooperativa de Crédito and Kutxabank, SA.

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