Prior notification of a concentration (Case M.7642 — Banque publique d’investissement/CNIM/SUNCNIM) — Candidate case for simplified procedure (Text with EEA relevance)
Date: 2015-07-16
Institutions: European Commission
Subjects: clean technology, economic concentration, industrial infrastructure, investment company, merger control








C_2015232EN.01001601.xml










16.7.2015   


EN


Official Journal of the European Union


C 232/16





Prior notification of a concentration
(Case M.7642 — Banque publique d’investissement/CNIM/SUNCNIM)
Candidate case for simplified procedure
(Text with EEA relevance)
(2015/C 232/11)






1.


On 26 June 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Fonds Professionnel de Capital Investissement — Sociétés de Projets Industriels (‘SPI’, France) controlled by the management company Bpifrance Investissement, a wholly owned subsidiary of Bpifrance Participations, which is itself wholly owned by the public limited company BPI Groupe (‘BPI Groupe SA’, France) and the public limited company Constructions Industrielles De La Méditerranée (‘CNIM’, France) wish to acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of the undertaking SUNCNIM (France) by way of purchase of shares in a newly created company constituting a joint venture.










2.


The business activities of the undertakings concerned are:
—   BPI Groupe SA: plays a decisive role in regenerating French territories and invests in the development of growth sectors such as ecotechnology, biotechnology and digital services but also across all industrial and service sectors,
—   SPI: venture capital mutual fund, which invests as a prudent investor in companies fostering projects that provide new impetus to French industry,
—   CNIM: the CNIM Group designs and manufactures high-tech turnkey industrial equipment and plants, and provides expertise, research and development, services and operations in the fields of environment, energy, defence and industry,
—   SUNCNIM: building of concentrated solar power plants.










3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 Council Regulation (EC) No 139/2004 (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 to it their observations on the proposed operation.
Observations must reach the Commission no later than 10 days following the date on which this notification is published. They can be sent to the Commission under reference number M.7642 — Banque publique d’investissement/CNIM/SUNCNIM by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post to the following address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










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

(2)  OJ C 366, 14.12.2013, p. 5.