Prior notification of a concentration (Case COMP/M.6864 — DSE/INCJ/Solar Ventures/JV) — Candidate case for simplified procedure  Text with EEA relevance
Date: 2013-02-20
Institutions: European Commission
Subjects: Italy, distribution business, economic concentration, financial aid, holding company, innovation, investment company, merger control, renewable energy, solar energy








C_2013049EN.01002001.xml










20.2.2013   


EN


Official Journal of the European Union


C 49/20





Prior notification of a concentration
(Case COMP/M.6864 — DSE/INCJ/Solar Ventures/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
2013/C 49/12






1.


On 12 February 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Diamond Solar Europe Limited (‘DSE’, Italy), wholly owned by Mitsubishi Corporation (‘MC’, Japan), Innovation Network Corporation of Japan (‘INCJ’, Japan) and Solar Ventures Srl (‘Solar Ventures’, Italy), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over Solar Holding Srl (‘Solar Holding’, Italy), currently controlled by AME Ventures, by way of a purchase of shares.










2.


The business activities of the undertakings concerned are:






—


for MC: general trading activities in various industries including energy, machinery, chemicals, food, and general merchandise,










—


for INCJ: financial, technological and management support to next generation businesses and has investment in innovation projects in the areas of environment, energy, electronics, IT, entertainments, communications and biotechnology,










—


for Solar Ventures: active in the photovoltaic sector in Italy and abroad with development activities, direct investments in operating photovoltaic plants, transaction services for investment companies, plant managements services and administrative services,










—


for Solar Holding: generation and wholesale supply of electricity form solar source in Italy.














3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.










4.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6864 — DSE/INCJ/Solar Ventures/JV, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




J-70




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).