# C_2010154EN.01000801.xml

| 12.6.2010 | EN | Official Journal of the European Union | C 154/8 |
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12.6.2010

EN

Official Journal of the European Union

C 154/8

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Prior notification of a concentration

(Case COMP/M.5789 — Geely/Daqing/Volvo Cars)

Candidate case for simplified procedure

(Text with EEA relevance)

2010/C 154/06

| 1. | On 1 June 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Zhejiang Geely Holding Company (‘Geely’, China) and Daqing State Asset Operation Co (‘Daqing’, China) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of the undertakings Volvo Car Corporation (Sweden) and Volvo Cars of North America LLC (USA) (together ‘Volvo Cars’) by way of purchase of shares. |
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1.

On 1 June 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Zhejiang Geely Holding Company (‘Geely’, China) and Daqing State Asset Operation Co (‘Daqing’, China) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of the undertakings Volvo Car Corporation (Sweden) and Volvo Cars of North America LLC (USA) (together ‘Volvo Cars’) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | for undertaking Geely: manufacturing and sale of cars, motorcycles and scooters in China, |
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2.

The business activities of the undertakings concerned are:

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for undertaking Geely: manufacturing and sale of cars, motorcycles and scooters in China,

| — | for undertaking Daquing: investment and management of state-owned assets, |
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for undertaking Daquing: investment and management of state-owned assets,

| — | for undertaking Volvo Cars: manufacturing, distribution and sale of passenger cars. |
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for undertaking Volvo Cars: manufacturing, distribution and sale of passenger cars.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 the EC Merger Regulation (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 EC 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 the EC Merger Regulation (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. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.5789 — Geely/Daqing/Volvo Cars, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 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. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.5789 — Geely/Daqing/Volvo Cars, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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