# C_2018034EN.01005101.xml

| 31.1.2018 | EN | Official Journal of the European Union | C 34/51 |
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31.1.2018

EN

Official Journal of the European Union

C 34/51

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Prior notification of a concentration

(Case M.8783 — Repsol/Kia/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2018/C 34/14)

| 1. | On 24 January 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
  This notification concerns the following undertakings:






  — | Repsol Comercial de Productos Petrolíferos, SA (‘Repsol’, Spain), |
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1.

On 24 January 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

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This notification concerns the following undertakings:

—

Repsol Comercial de Productos Petrolíferos, SA (‘Repsol’, Spain),

| — | Kia Motors Iberia, SLU (‘Kia’, Spain). |
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—

Kia Motors Iberia, SLU (‘Kia’, Spain).

Repsol and Kia acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of a newly created company constituting a joint venture (‘the JV’).

The concentration is accomplished by way of purchase of shares.

| 2. | The business activities of the undertakings concerned are:
  —   for Repsol: publicly listed integrated energy company.
  —   for Kia: cars distribution in Spain. Kia is a wholly-owned subsidiary of Kia Motors Company, which is the holding for the Kia Group, and is ultimately controlled by Hyundai Motor Company.
  —   for the JV: car-sharing in Madrid. |
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2.

The business activities of the undertakings concerned are:

—   for Repsol: publicly listed integrated energy company.

for Repsol

—   for Kia: cars distribution in Spain. Kia is a wholly-owned subsidiary of Kia Motors Company, which is the holding for the Kia Group, and is ultimately controlled by Hyundai Motor Company.

for Kia

—   for the JV: car-sharing in Madrid.

for the JV

| 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.
  Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under 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. |
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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.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under 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.

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| 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. The following reference should always be specified:
  M.8783 — Repsol/Kia/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 |
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| Fax +32 22964301 |
| Postal address: |
| European Commission |
| 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. The following reference should always be specified:

M.8783 — Repsol/Kia/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

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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