Prior notification of a concentration (Case M.7844 — ACEK/Sumitomo/JV) — Candidate case for simplified procedure (Text with EEA relevance)
Date: 2016-01-05
Institutions: European Commission
Subjects: economic concentration, iron and steel industry, merger control, motor vehicle industry, soft energy, supplier








C_2016001EN.01000301.xml










5.1.2016   


EN


Official Journal of the European Union


C 1/3





Prior notification of a concentration
(Case M.7844 — ACEK/Sumitomo/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2016/C 1/03)






1.


On 22 December 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Dongguan Summit Metal Products Co., Ltd (China), belonging to the group headed by Sumitomo Corporation (Japan) and Gonvarri Corporación Financiera, SL, (Spain) belonging to the group headed by Acek Desarrollo y Gestión Industrial, SL (Spain), acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Dongguan Gonvarri Summit Automotive Steel Processing Center Co., Ltd (China), a newly created joint venture (‘JV’), by way of purchase of shares in a newly created company constituting a joint venture.










2.


The business activities of the undertakings concerned are:
—   for Sumitomo: group active in the supply of a broad range of products such as metal products including steel sheets, transportation and construction systems, environment and infrastructure, media, networks and life-style related goods and services, mineral resources, energy, chemicals and electronics,
—   for Acek: group active in the operation of steel service centres, manufacture and supply of automotive components, metal components for wind turbines, and other activities in the alternative energies field,
—   for the JV: steel service centre active in the People’s Republic of China in the production and distribution of metal products, and in particular in the blanking of metal products.










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 this 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 M.7844 — ACEK/Sumitomo/JV, 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.