# C_2020196EN.01001701.xml

| 11.6.2020 | EN | Official Journal of the European Union | C 196/17 |
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11.6.2020

EN

Official Journal of the European Union

C 196/17

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Prior notification of a concentration

(Case M.9806 – Hyundai Capital Bank Europe/Sixt Leasing)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 196/07)

1.

This notification concerns the following undertakings:

| — | Hyundai Capital Bank Europe GmbH (‘HCBE’, Germany), jointly controlled by Santander Consumer Bank AG (‘SCB’, Germany) and Hyundai Capital Services, Inc. (‘HCS’, South Korea), |
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Hyundai Capital Bank Europe GmbH (‘HCBE’, Germany), jointly controlled by Santander Consumer Bank AG (‘SCB’, Germany) and Hyundai Capital Services, Inc. (‘HCS’, South Korea),

| — | Sixt Leasing SE (‘Sixt Leasing’, Germany). |
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Sixt Leasing SE (‘Sixt Leasing’, Germany).

HCBE acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Sixt Leasing.

The concentration is accomplished by way of public bid announced on 21 February 2020.

2.

| — | for HCBE: a bank that is active in automotive financing services, including financial leases, and the distribution of insurances, in Germany. HCBE is jointly controlled by SCB and HCS. SCB and the Spain-based Santander group to which SCB belongs offer leasing and other automotive financing services and also distribute insurances in Germany, France and Austria and several other EEA countries. HCS is the financial services arm of the South Korean car manufacturing Hyundai Motor Group, |
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for HCBE: a bank that is active in automotive financing services, including financial leases, and the distribution of insurances, in Germany. HCBE is jointly controlled by SCB and HCS. SCB and the Spain-based Santander group to which SCB belongs offer leasing and other automotive financing services and also distribute insurances in Germany, France and Austria and several other EEA countries. HCS is the financial services arm of the South Korean car manufacturing Hyundai Motor Group,

| — | for Sixt Leasing: is a Germany-based company that offers automotive leasing and related fleet management services in Germany, France and Austria. The company also distributes insurances. |
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for Sixt Leasing: is a Germany-based company that offers automotive leasing and related fleet management services in Germany, France and Austria. The company also distributes insurances.

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.9806 – Hyundai Capital Bank Europe/Sixt Leasing

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:

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

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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