Prior notification of a concentration (Case M.9327 — YZJ Group/Mitsui E&amp;S Group/Mitsui &amp; CO Group/JV) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2019-06-12
Institutions: European Commission
Subjects: consultancy, economic concentration, investment company, logistics, merger control, provision of services, shipbuilding, wholesale trade








C_2019196EN.01002501.xml










12.6.2019   


EN


Official Journal of the European Union


C 196/25







Prior notification of a concentration
(Case M.9327 — YZJ Group/Mitsui E&S Group/Mitsui & CO Group/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 196/10)


1.   
On 3 June 2019, 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:






—


Mitsui E&S Shipbuilding Co., Ltd (Japan) and Mitsui E&S Co., Ltd (China) belonging to Mitsui E&S Group (‘the MES Group’),










—


Mitsui & Co., Ltd (Japan) belonging to Mitsui & Co Group (‘the Mitsui & Co Group’),










—


Jiangsu Yangzijiang Shipbuilding Co., Ltd (China), belonging to YZJ Group (‘the YZJ Group’),










—


Jiangsu Yangzi-Mitsui Shipbuilding Co., Ltd (China) (‘the JV’).




The MES Group, the Mitsui & Co Group and the YZJ Group acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the JV.
The concentration is accomplished 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 the MES Group: active in the manufacturing of ships, such as naval ships, bulk carriers, tankers and LNG carriers, as well as in the provision of engineering and consulting services. The MES Group is also engaged in the wholesale, import and export of ships and marine equipment;
—   for the Mitsui & Co Group: worldwide provision of logistics and financing of major international infrastructure developments in fields, such as, iron, steel, mineral and metal resources, and transportation systems;
—   for the YZJ Group: active in the manufacturing of commercial ships, including container ships, bulk vessels and special vessels, as well as in financial investment and metal trading;
—   for the JV: to be active in the shipbuilding of merchant ships, in particular, bulk carriers, oil tankers and LNG carriers, for the Chinese and worldwide markets.


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.9327 — YZJ Group/Mitsui E&S Group/Mitsui & CO Group/JV
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.