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  20.12.2022  
C(2022 ) 9977 final  
PUBLIC VERSION  
Isuzu Motors Limited  
1-2-5, Takashima  
Nishi -Ku, Yokohama -shi 
Kanagawa 220 -8720  
Japan  
 
Mitsubishi Corporation  
6-3, Marunouchi 2 -Chome , 
Chiyoda -ku 
Tokyo  
Japan 
 
Astara Western Europe NV  
Piersstraat 2 29 
2550 Kon tisch* 
Belgium  
Subject : Case M. 10837  – ASTARA  WESTERN EUROPE / MITSUBISHI 
CORPORATION / ISUZU MOTORS LIMITED / ISUZU SALES 
DEUTSCHLAND  
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 28 November  2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation, by which Astara 
Western Europe N.V. (Belgium),  Mitsubishi Corporation (Japan) and Isuzu Motors 
Limited (“Isuzu”, Japan), will acquire within the meaning of Article s 3(1)(b)  and 3(4) 
of the Merger Regulation joint control over Isuzu Sales Deutschland GmbH 
                                                 
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 ’). 
*   Should read: ‘Kontich ’. 

2 (Germany) , a joint venture currently solely controlled by Mitsubishi Corporation  by 
way of purchase of shares .3 
2. The business activities of the undertakings concerned  are the following : 
 — Astara Western Europe is active in i mport  and wholesale distribution of four 
wheel  motorvehicles ,  
 — Mitsubishi Corporation  is active across several industries, including 
industrial finance, energy, metals, machinery, chemicals, food and 
environment and the distribution of motor vehicles , 
 — Isuzu is active in the manufacture and distribution of motor vehicles . 
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 (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 
Commissio n 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  
                                                 
3  Publication in the Official Journal of the European Union No C 466, 07/12/2022 , p. 28. 
4  OJ C 366, 14.12.2013, p. 5 .