Prior notification of a concentration (Case M.10909 – KFW / NEDERLANDSE GASUNIE / JV) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 367/09
Date: 2022-09-26
Institutions: Directorate-General for Competition, European Commission
Subjects: Germany, central bank, economic concentration, energy transport, gas industry, gas pipeline, gas supply, merger control, storage of hydrocarbons








C_2022367EN.01001701.xml










26.9.2022   


EN


Official Journal of the European Union


C 367/17






Prior notification of a concentration
(Case M.10909 – KFW / NEDERLANDSE GASUNIE / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 367/09)

1.   
On 16 September 2022, 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:






—


Kreditanstalt für Wiederaufbau (‘KfW’, Germany), owned by the Federal Republic of Germany and the German Federal States,










—


N.V. Nederlandse Gasunie (‘Nederlandse Gasunie’, Netherlands) which is the ultimate parent company of the Gasunie group of companies (‘Gasunie Group’, Netherlands).










—


German LNG Terminal GmbH (‘GLNG’, Germany), wholly-owned by Nederlandse Gasunie.




KfW and Nederlandse Gasunie will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of GLNG.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are the following:






—


KfW is a national promotional bank that aims to support the sustainable improvement of economic, social and ecological living conditions worldwide on behalf of the Federal Republic of Germany and the Federal States,










—


Nederlandse Gasunie develops, manages and maintains energy infrastructure, i.e. gas transport networks, international transit pipelines, gas storage facilities, gas conversion installations and LNG infrastructure, as well as virtual gas trading platforms.






3.   

GLNG has the purpose to build, own, and operate a Liquefied Natural Gas (‘LNG’) re-gasification facility (the ‘Terminal’) in Brunsbüttel, north of Germany. The envisaged scope of the Terminal is the operation of an LNG import and distribution terminal.



4.   
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.


5.   
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.10909 – KFW / NEDERLANDSE GASUNIE / 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.