Prior notification of a concentration (Case M.8970 — Sumitomo/Parkwind/Northwester2) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2018-07-12
Institutions: European Commission
Subjects: economic concentration, electrical energy, energy production, merger control, retail selling, wholesale selling








C_2018244EN.01000501.xml










12.7.2018   


EN


Official Journal of the European Union


C 244/5





Prior notification of a concentration
(Case M.8970 — Sumitomo/Parkwind/Northwester2)
Candidate case for simplified procedure
(Text with EEA relevance)
(2018/C 244/06)

1.   
On 5 July 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Summit Tailwind Belgium NV(‘Summit’, Belgium), controlled by Sumitomo Corporation (‘Sumitomo’, Japan),










—


Parkwind NV (‘Parkwind’, Belgium), jointly controlled by Korys/Colruyt Group (‘Korys/Colruyt’, Belgium) and PMV NV (‘PMV’, Belgium),










—


Northwester2 NV (‘Northwester2’, Belgium).




Sumitomo and Parkwind acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of Northwester2.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


Summit is a special purpose vehicle which is held by Sumitomo. Sumitomo is an integrated trading company which provides a comprehensive range of goods and services in Japan and around the world, including participations in offshore wind farms in Belgium.










—


Parkwind is active in the market for generation and wholesale of electricity in Belgium. Parkwind is an investment and development vehicle of Korys/Colruyt and PMV. Korys/Colruyt’s main activities are in the market for retail of daily consumer goods and other activities. PMV is an independent investment company controlled by the Flemish Region.










—


Northwester2 holds a domain concession to build and operate an offshore wind farm in the Belgian Exclusive Economic Zone in the North Sea.






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 the 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 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. The following reference should always be specified:
M.8970 — Sumitomo/Parkwind/Northwester2
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





Email: COMP-MERGER-REGISTRY@ec.europa.eu




Fax +32 22964301




Postal 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.