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, 3.8.2022  
C(2022 ) 5750 final  
PUBLIC VERSION  
Baker Hughes Company  
17021 Aldine Westfield Road  
Houston, Texas 77073  
United States  
Saudi Arabian Industrial I nvestments 
Company JSC (Dussur)  
King Khaled International Airport 
Road  
Riyadh Front, Building N4  
P.O. Box 47340  
Riyadh 13413 -3686  
The Kingdom of Saudi Arabia  
Subject : Case M. 10747  – BHC /  DUSSUR / BAKER PETROLITE SAUDI 
COMPANY 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 8 July 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which the 
undertakings Baker Hughes C ompany (“BHC” , USA) and Saudi Arabian Industrial 
Investments Company JSC (“ Dussur” , Kingdom of Saudi Arabia) , will acquire within  
the meaning of Article 3(1)(b)  and 3(4)  of the Merger Regulation joint control over 
the whole of the undertaking Baker Petrolite Saudi Company Limited (“Proposed JV” , 
Kingdom of Saudi Arabia) , 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 ( ‘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 271, 14.7.2022 , p. 16. 

 
2 2. The business activities of the undertakings concerned  are the following : 
 BHC is the parent entity of an energy technology group of companies with a 
diverse portfolio of equipeme nt and service capabilities that span the energy and 
industrial value chain operating in more than 120 countries , 
 Dussur is a strategic investment company . 
3. The Proposed JV will be active in the specialty chemicals business in t he Kingdom of 
Saudi Arabia .  
4. 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 concentrations under Council Regulation (EC) No 139/2004 .4 
5. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the no tified 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)  
Olivie r GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .