# C_2021074EN.01000901.xml

| 3.3.2021 | EN | Official Journal of the European Union | C 74/9 |
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3.3.2021

EN

Official Journal of the European Union

C 74/9

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Prior notification of a concentration

(Case M.10192 — Linde/Hyosung/JVs)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 74/07)

1.

This notification concerns the following undertakings:

| — | Linde Korea Co., Ltd (‘Linde Korea’, South Korea), |
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Linde Korea Co., Ltd (‘Linde Korea’, South Korea),

| — | Hyosung Heavy Industries Corporation (‘Hyosung’, South Korea), |
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Hyosung Heavy Industries Corporation (‘Hyosung’, South Korea),

| — | Production JV (‘Production JV’, South Korea), |
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Production JV (‘Production JV’, South Korea),

| — | Sales JV (‘Sales JV’, South Korea) |
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Sales JV (‘Sales JV’, South Korea)

Linde Korea and Hyosung acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Production JV and of Sales JV.

The concentration is accomplished by way of purchase of shares in two newly created companies constituting joint ventures.

2.

| — | Linde Korea: a wholly owned subsidiary of Linde plc, which is a gases and engineering company with activities in more than 100 countries worldwide; |
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Linde Korea: a wholly owned subsidiary of Linde plc, which is a gases and engineering company with activities in more than 100 countries worldwide;

| — | Hyosung: manufactures and sells heavy electrical equipment worldwide. It is also engaged in various areas of construction, including housing, redevelopment and reconstruction, business and commercial facilities, civil engineering and environment. |
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Hyosung: manufactures and sells heavy electrical equipment worldwide. It is also engaged in various areas of construction, including housing, redevelopment and reconstruction, business and commercial facilities, civil engineering and environment.

| — | Production JV: will develop, construct and operate one or more plants for the production of liquid hydrogen in South Korea for sale to the Sales JV; |
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Production JV: will develop, construct and operate one or more plants for the production of liquid hydrogen in South Korea for sale to the Sales JV;

| — | Sales JV: will sell and distribute such liquid hydrogen to customers for use in the mobility market in South Korea. |
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Sales JV: will sell and distribute such liquid hydrogen to customers for use in the mobility market in South Korea.

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:

Case M.10192 — Linde/Hyosung/JVs

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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