Prior notification of a concentration (Case M.10907 – REMONDIS / H&M / JV) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 462/07
Date: 2022-12-05
Institutions: Directorate-General for Competition, European Commission
Subjects: clothing industry, consumer goods, cosmetic product, economic concentration, merger control, provision of services, public service, textile product, used goods, waste recycling, water management








C_2022462EN.01002201.xml










5.12.2022   


EN


Official Journal of the European Union


C 462/22






Prior notification of a concentration
(Case M.10907 – REMONDIS / H&M / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 462/07)

1.   
On 25 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:






—


Remondis Recycling International GmbH (‘Remondis’, Germany), belonging to the Rethmann group (Germany),










—


H&M Hennes & Mauritz International AB (‘H&M’, Sweden), belonging to the H&M group, (Sweden).




Remondis and H&M will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created joint venture (‘JV’, Sweden).
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.


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






—


Remondis is a service provider conducting business within the areas of recycling, public and industrial services and water management, including but not limited to the collection, processing, recycling and selling of waste and secondary raw material. Remondis is active internationally, however its geographical focus is on Europe, Asia and Australia,










—


H&M is a service provider conducting business within the areas of design, purchasing, production, sales and marketing of consumer products, including but not limited to fashion, lifestyle, cosmetics and other related products. H&M is active worldwide.






3.   
The business activities of the JV will be the following:






—


The JV will be a greenfield joint venture set up for the purposes of collecting, sorting and selling used and unwanted garments and textiles. The JV’s activities will be focused on Europe.






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.10907 – REMONDIS / H&M / 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.