Prior notification of a concentration (Case M.10949 – GONVARRI / MAJORITY SHAREHOLDERS / HIDRIA) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 428/11
Date: 2022-11-10
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, handling, industrial product, iron and steel industry, merger control, motor vehicle industry, provision of services, shareholder, vehicle parts








C_2022428EN.01004501.xml










10.11.2022   


EN


Official Journal of the European Union


C 428/45






Prior notification of a concentration
(Case M.10949 – GONVARRI / MAJORITY SHAREHOLDERS / HIDRIA)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 428/11)

1.   
On 28 October 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:






—


Gonvarri Corporación Financiera, S.L. (‘Gonvarri’, Spain), controlled by ACEK Desarrollo y Gestión Industrial, S.L. (‘ACEK Group’, Spain),










—


Inovatis d.o.o., Ladis d.o.o., Alex Luckmann and Rafis d.o.o. (together the ‘Majority Shareholders’, Slovenia),










—


H & R d.d. Družba za upravljanje z naložbami (‘Hidria’, Slovenia), currently controlled by the Majority Shareholders.




Gonvarri and the Majority Shareholders will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Hidria.
The concentration is accomplished by way of purchase of shares.


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






—


Gonvarri is active in steel services, material handling, and precision tubes and metal structures, while Gestamp Automoción, which like Gonvarri is also part of the ACEK Group, is active worldwide in automotive components.










—


The Majority Shareholders are mainly active as shareholders of Hidria.










—


Hidria produces a range of automotive and industrial products.






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:
M.10949 – GONVARRI / MAJORITY SHAREHOLDERS / HIDRIA
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.