Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,  BELGIË  
 
Tel: +32 229- 91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu.  
  EUROPEAN COMMISSION  
Brussels, 13.01.2021 
C(2021)  265 final  
PUBLIC VERSION 
To the notifying parties  
Subject : Case M. 10030 – Ube Industries/Mitsubishi Materials Corporation/JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No  139/20041 2 and Article 57 of the Agreement on the European 
Economic Area3  
Dear Sir or Madam,  
1. On 11 December 2020, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Ube Industries, 
Ltd. (Japan)  and Mitsubishi Materials Corporation (Japan)  acquire within the meaning 
of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created 
company constituting a joint venture  (“the Joint Venture ”, Japan)  by way of purchase 
of shares.4 
2. The business activities of the undertakings concerned are:  
− for Ube Industries, Ltd.:  active in the manufacture and sale of chemicals, 
construction materials and machinery,  
− for Mitsubishi Materials Corporation:  active in the manufacture and sale of 
copper and copper alloy products, electronic materials and components, cemented 
carbide products and sintered parts, and cement and ready- mixed concrete, 
smelting, refining and sale of copper, gold and silver. Mitsubishi Materials a lso 
has energy -related, environmental, and recycling -related businesses,  
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘ Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  For the purposes of this Decision, although the United Kingdom withdrew from the European Union as 
of 1 February 2020, according to Article 92 of the Agreement on the withdrawal of the United 
Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic 
Energy Community (OJ L 29, 31.1.2020, p. 7), the Commission continues to be competent to apply 
Union law as regards the United Kingdom for administrative procedures which were initiated before the 
end of the transition period.  
3  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
4  Publication in the Official Journal of the European Union No C 437, 18.12.2020 , p. 24. 

2 − for the Joint Ventur e:  will be active in the manufacture, process, sell, purchase, 
import and export cement and other ceramic products, civil engineering and 
construction materials.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation and of 
paragraph 5 (a) of the  Commission Notice on a simplified procedure for treatment of 
certain conc entrations under Council Regulation (EC) No  139/2004.5 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
5  OJ C 366, 14.12.2013, p. 5.