Prior notification of a concentration (Case M.10185 — Pierer Industrie/Palfinger/FSS/Jetfly) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 99/10
Date: 2021-03-23
Institutions: Directorate-General for Competition, European Commission
Subjects: carriage of passengers, economic concentration, hydraulic machinery, investment company, low cost airline, merger control








C_2021099EN.01001701.xml










23.3.2021   


EN


Official Journal of the European Union


C 99/17






Prior notification of a concentration
(Case M.10185 — Pierer Industrie/Palfinger/FSS/Jetfly)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 99/10)

1.   
On 15 March 2021, 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:






—


Pierer Industrie AG (‘PIAG’, Austria),










—


Palfinger AG (‘Palfinger’, Austria),










—


FSS Vermögensverwaltung GmbH (‘FSS’, Austria),










—


Jetfly Airline GmbH (‘Jetfly’, Austria).




PIAG, Palfinger and FSS acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Jetfly.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


PIAG: global industrial investment group active in the production and distribution of motorcycles, electric bicycles and components for powered two-wheelers; the development, production, maintenance and distribution of high-tech mechanical systems for dynamic components for racing, luxury cars and aeronautics; and the production of Co2-efficient brakes, pumps and engine components;










—


Palfinger: global manufacturers of hydraulic lifting and loading devices used on commercial vehicles, vessels and stationary equipment;










—


FSS: global asset management company active in the production of tools and technical moulded parts; research and development of audio, navigation and telematics systems for the automotive industry; research, development and operation of information and communication technologies; and digital signage;










—


Jetfly: a global airline operator providing commercial charter services to charter customers.






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 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:
Case M.10185 — Pierer Industrie/Palfinger/FSS/Jetfly
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.