# C_2019395EN.01000901.xml

| 22.11.2019 | EN | Official Journal of the European Union | C 395/9 |
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22.11.2019

EN

Official Journal of the European Union

C 395/9

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Prior notification of a concentration

(Case M.9621 — Suez/Itochu/SFC/EDCO)

Candidate case for simplified procedure

(Text with EEA relevance)

(2019/C 395/07)

1.

This notification concerns the following undertakings:

| — | SUEZ Groupe SAS (‘Suez’, France), |
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SUEZ Groupe SAS (‘Suez’, France),

| — | ITOCHU Corporation (‘Itochu’, Japan), |
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ITOCHU Corporation (‘Itochu’, Japan),

| — | Saudi Fransi Capital (‘SFC’, Saudi Arabia), owned by Banque Saudi Fransi (Saudi Arabia), |
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Saudi Fransi Capital (‘SFC’, Saudi Arabia), owned by Banque Saudi Fransi (Saudi Arabia),

| — | Environment Development Company Limited (‘EDCO’, Saudi Arabia). |
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Environment Development Company Limited (‘EDCO’, Saudi Arabia).

Suez, Itochu and SFC acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of EDCO.

The concentration is accomplished by way of purchase of shares.

2.

| — | Suez is a company active in the provision of water management, recycling and wastewater recovery and urban development services, |
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Suez is a company active in the provision of water management, recycling and wastewater recovery and urban development services,

| — | Itochu is a Japanese trading and investment company with a wide range of experience investing in infrastructure projects, |
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Itochu is a Japanese trading and investment company with a wide range of experience investing in infrastructure projects,

| — | SFC is a full-service Saudi-based investment services provider offering investment banking, asset management, debt and equity research, institutional sales and trading, and local/international brokerage services, |
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SFC is a full-service Saudi-based investment services provider offering investment banking, asset management, debt and equity research, institutional sales and trading, and local/international brokerage services,

| — | EDCO is an independent company providing hazardous waste management services in the Jubail area in Saudi Arabia. |
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EDCO is an independent company providing hazardous waste management services in the Jubail area in Saudi Arabia.

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.9621 — Suez/Itochu/SFC/EDCO

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

Fax +32 22964301

| Postal address: |
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| European Commission |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

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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