# C_2020419EN.01004401.xml

| 4.12.2020 | EN | Official Journal of the European Union | C 419/44 |
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4.12.2020

EN

Official Journal of the European Union

C 419/44

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Prior notification of a concentration

(Case M.10058 – Porsche/Transnet/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 419/12)

1.

This notification concerns the following undertakings:

| — | Dr. Ing. h.c. F. Porsche Aktiengesellschaft (‘Porsche’, Germany), |
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Dr. Ing. h.c. F. Porsche Aktiengesellschaft (‘Porsche’, Germany),

| — | TransnetBW GmbH (‘Transnet’, Germany), |
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TransnetBW GmbH (‘Transnet’, Germany),

Porsche (through its subsidiary MHP) and Transnet intend to acquire joint control within the meaning of Articles 3(1)(b) and 3(4) of the EU Merger Control Regulation over a yet to be, i.e. newly established, joint venture company (‘JVC’).

The concentration is accomplished by way of purchase of shares.

2.

| — | for Porsche: a wholly owned, indirectly controlled, subsidiary of Volkswagen Aktiengesellschaft (‘VWAG’), active worldwide in the development, manufacture, marketing and sale of passenger cars, light commercial vehicles, trucks, buses, coaches, chassis for buses and diesel engines, motor bikes, each including spare parts, and accessories. The VW Group also engages in vehicle distribution. |
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for Porsche: a wholly owned, indirectly controlled, subsidiary of Volkswagen Aktiengesellschaft (‘VWAG’), active worldwide in the development, manufacture, marketing and sale of passenger cars, light commercial vehicles, trucks, buses, coaches, chassis for buses and diesel engines, motor bikes, each including spare parts, and accessories. The VW Group also engages in vehicle distribution.

| — | for Transnet: transmission system operator with its headquarter in Stuttgart, Germany. Transnet operates a large part of the transmission system in Baden-Wuertemberg. Transnet is a wholly owned subsidiary of EnBW Energie Baden-Württemberg AG (‘EnBW’), an integrated energy supply company based in Germany. |
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for Transnet: transmission system operator with its headquarter in Stuttgart, Germany. Transnet operates a large part of the transmission system in Baden-Wuertemberg. Transnet is a wholly owned subsidiary of EnBW Energie Baden-Württemberg AG (‘EnBW’), an integrated energy supply company based in Germany.

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.10058 – Porsche / Transnet / JV

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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