Prior notification of a concentration (Case M.10580 – SE AG / SEC / SEPG) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 440/08
Date: 2022-11-21
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, energy industry, engine, industrial equipment, merger control








C_2022440EN.01002201.xml










21.11.2022   


EN


Official Journal of the European Union


C 440/22






Prior notification of a concentration
(Case M.10580 – SE AG / SEC / SEPG)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 440/08)

1.   
On 14 November 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:






—


Siemens Energy AG (‘SE AG’, Germany),










—


Shanghai Electric Group Company Limited (‘SEC’, People’s Republic of China),










—


Shanghai Electric Power Generation Equipment Co. Ltd (‘SEPG’, People’s Republic of China).




SE AG and SEC will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of SEPG.
The concentration is accomplished by way of purchase of shares.


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






—


SE AG is the ultimate controlling parent of Siemens Energy Group, which develops, manufactures and supplies products, solutions and services across the energy value chain including generation, transmission, and storage, as well as industrial applications, comprising a broad portfolio from conventional to renewables,










—


SEC is active in large energy and industrial equipment manufacturing and integration services, including thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit and industrial internet of things solutions,










—


SEPG is a joint venture active in power generation equipment manufacturing, producing mainly large steam turbines for nuclear and fossil/coal-fired power plants in China.






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.10580 – SE AG / SEC / SEPG
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.