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, 23.01.2019  
C(2019) 654 final  
 
 
To the notifying parties:  
 
Subject : Case M.9231 - Viohalco Group/ACEK Group/Etem JVs  
Commission decision pursuant to Article 6(1)( b) of Council Reg ulation (EC) 
No 139/20041 and Article 57 of the Agreement on the European Economic Area2  
Dear Sir or Madam,  
1. On 20 December  2018 , the European Commission received notification of a concentration 
pursuant to Article 4 of the Merger  Regulation , by which the undertaking s Etem Bulgaria, 
S.A. (“Etem”, Bulgaria ) controlled by Viohalco, S.A. , and Gestamp North Europe 
Services, S.L. (“Gestamp North Europe Services” , Spain ) controlled by ACEK Desarrollo 
y Gestión Industrial, S.L. acquire within the meaning of Article 3(1)(b) and 3(4)  of the 
Merger Regulation joint control over Gestamp Etem Automotive Bulgaria (“PostOps JVC 
Bulgaria”) and Etem Gestamp Aluminum Extrusions (“Production JVC” and together with 
PostOps JVC Bulgaria, the “JVs”), currently solely controlled by Etem .3 
2. The busi ness activities of the undertakings concerned are:  
 for Etem : its activities  cover, inter alia , aluminium solutions and aluminium 
extrusions for various applications , 
 for Gestamp North Europe Services:  it engages in the design, development and 
manufacture of metal components and structural systems for the automotive industry , 
 for Production JVC : it will  manufacture aluminium extruded profiles,  
 for PostOps JVC Bulgaria : it will comercialise and industrialise certain post -extrusion 
activities on extruded prof iles. 
                                                 
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  OJ L 1, 3.1.1994, p . 3 (the 'EEA Agreement '). 
3  Publication in the Official Journal of the European Union No C 6, 9.1.2019 , p. 9. 
PUBLIC VERSION  
2 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 paragra ph 5(b) of 
the Commission Notice on a simplified procedure for treatment of certain concentrations  
under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European Commission 
has decided not to oppose the noti fied 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)  
Johannes L AITENBERGER  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .