Prior notification of a concentration (Case M.10982 – STELLANTIS / HON HAI PRECISION INDUSTRY / JV) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 494/06
Date: 2022-12-28
Institutions: Directorate-General for Competition, European Commission
Subjects: communications policy, consumer goods, economic concentration, electronics industry, information technology industry, merger control, motor vehicle industry, vehicle parts








C_2022494EN.01001501.xml










28.12.2022   


EN


Official Journal of the European Union


C 494/15







Prior notification of a concentration
(Case M.10982 – STELLANTIS / HON HAI PRECISION INDUSTRY / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 494/06)


1.   
On 14 December 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:






—


Stellantis N.V. (‘Stellantis’, the Netherlands),










—


Hon Hai Precision Industry Co., Ltd. (‘Hon Hai’, Taiwan).




Stellantis and Hon Hai 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’, the Netherlands).
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:






—


Stellantis is a global automotive group active in designing, engineering, manufacturing, distributing and selling automotive vehicles, components and production systems worldwide,










—


Hon Hai provides electronic manufacturing services for computers, communications, and consumer electronic products.






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 developing semiconductors for the automotive market and performing all the activities of an autonomous economic entity.






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.10982 – STELLANTIS / HON HAI PRECISION INDUSTRY / 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.