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 -MERG ER-REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels,  8.10.2021  
C(2021 ) 7406 final  
 PUBLIC VERSION  
Saudi Arabian Military Industries 
Company  
King Khali d International Airport 
Road  
Riyadh Front  
Building 3706 Unit No.2 
Riyadh 13455 - 6511  
Kingdom of Saudi Arabia  
 
Saudi Arabian  Industrial Investments 
Company  
King Khali d International Airport Road  
Riyadh Front  
Building N4 
Riyadh 13413  - 3686  
Kingdom of Saudi Arabia  
 
Figeac Aéro S.A.  
Z.I. de l'Aiguille  
46100 Figeac  
France  
Subject : Case M. 10401  –  SAMI / DUSSUR / FGA / SAMI FIGEAC  AERO 
MANUFACTURING JV  
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 16 September  2021 , the European  Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which the 
undertaking s Saudi Arabian Military In dustries Company (‘SAMI’, Saudi Arabia), 
                                                 
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 ’). 

2 belonging to Public Investment Fund (‘PIF’, Saudi  Arabia), Saudi Arabian Ind ustrial 
Investments Company (‘Dussur’, Saudi Arabia), jointly controlled by PIF and Saudi 
Arabian Oil  Company (‘Saudi Aramco’, Saudi Arabia) and Figeac Aéro S.A. (‘FGA’, 
France)  acquire within the meaning of Article s 3(1)(b) and 3(4) of the Merger 
Regulation joint control of the undertaking SAMI Figeac Aero Manufa cturing LLC 
(‘Target JV’, Saudi Arabia) , a newly created company constituting a joint venture , by 
way of purchase of sha res.3 
2. The business activities of the undertakings concerned ar e: 
 for SAMI: a military company that invests in manufacturing innovative 
military products and provides services across its business devisions of 
Aeronautics, Land Systems, Weapons and Missiles, Defense Electronics and 
Emerging  Technologies,  
 for Dussur: a strategic industrial investment firm,  
 for FGA: a global aerospace company specialised in the machining of 
structural parts, engine and precision parts in light alloys and hard metals, as 
well as subassemblies,  
 for the Target JV: a greenfield joint venture set up for the purposes of 
developing commercially viable venture to pursue the establishment of a high 
precision metallic aircraft components manufacturing centre in Saudi Arabia.  
3. After examination of the notification, the European Commission has conclude d 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 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 applicat ion 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 387, 24.9.2021 , p. 19. 
4  OJ C 366, 14.12.2013, p. 5 .