Prior notification of a concentration (Case M.9915 – Mitsubishi Corporation Energy/ENEOS/Taiyo Koyu) Candidate case for simplified procedure (Text with EEA relevance) 2020/C 256/03
Date: 2020-08-04
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, energy industry, merger control, petrochemicals, retail selling








C_2020256EN.01000301.xml










4.8.2020   


EN


Official Journal of the European Union


C 256/3






Prior notification of a concentration
(Case M.9915 – Mitsubishi Corporation Energy/ENEOS/Taiyo Koyu)
Candidate case for simplified procedure
(Text with EEA relevance)
(2020/C 256/03)

1.   
On 28 July 2020, 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:






—


Mitsubishi Corporation Energy (‘MCE’, Japan), controlled by Mitsubishi Corporation,










—


ENEOS Corporation (Japan), controlled by ENEOS Holdings Inc. (‘ENEOS’),










—


Taiyo Koyu Co., Ltd. (‘Taiyo Koyu’, Japan).




MCE and ENEOS Corporation acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Taiyo Koyu. The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for MCE: the sale and trade (export/import) of petroleum products, construction and operation of fuel stations, and sale of various industrial products,










—


for ENEOS Corporation: energy, including production and sale of petroleum products, petrochemicals, electricity, lubricants, coal and hydrogen,










—


for Taiyo Koyu: the operation of full service and self-service fuel stations for trucks in Japan, the retail sale of gasoline, kerosene, diesel, lubricating oils, and other petroleum products, the sale of automotive parts, car inspection, and other car maintenance services.






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.9915 – Mitsubishi Corporation Energy/ENEOS/Taiyo Koyu
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
E-mail: 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.