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,  7.4.2021  
C(2021 ) 2530 final  
PUBLIC VERSION  
Abu Dhabi Developmental Holding 
Company PJSC  
Capital Gate Building, 10th floor  
Khaleej Al Arabi  
Abu Dhabi  
United Arab Emirates  
 
Louis Dreyfus Commodities and 
Energy Holdings N.V.  
Zuidplein 208  
1077 XV Amsterdam  
Netherlands  
Subject : Case M. 10090  – ABU DHABI DEVELOPMENTAL HOLDING 
COMPANY / LOUIS DREYFUS COMMODITIES AND ENERGY 
HOLDINGS / LOUIS DREYFUS  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 1 March  2021 , the  European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Abu Dhabi 
Developmental Holding Company PJSC (‘ADQ’, United Arab Emirates) and Louis 
Dreyfus Commodities and Energy Holdings N.V. (‘LDCEH’, Netherlands) acquire 
within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation  joint control 
of Louis Dreyfus Company B.V. (‘LDC’, Netherlands) , currently solely contr olled by 
LDCEH. The concentration is accomplished by way of  purchase of shares .3 
                                                 
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 ( the ‘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 80, 9.3.2021, p. 17. 

2 2. The business activities of the undertakings concerned are:  
 for ADQ : holding company with investments in a number of sectors, including 
food and agriculture, financial services, industries, logistics, and transport,  
 for LDCEH : financial holding company,  
 for LDC : holding company of the Louis Dreyfus Company group of compani es, 
operating as a merchant and processor of agricultural goods, with activities 
spanning the entire value chain (origination, production, processing, refining, 
storing, transporting, researching, merchandising, customising, distributing) . 
3. After examinatio n of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (c) 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 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  
 
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .