Prior notification of a concentration (Case M.11173 – HEDIN/TORPEDO) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 249/06
Date: 2023-07-14
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, hire purchase, large vehicle, maintenance, merger control, retail selling, spare part, vehicle fleet, vehicle rental, wholesale selling








C_2023249EN.01001001.xml










14.7.2023   


EN


Official Journal of the European Union


C 249/10






Prior notification of a concentration
(Case M.11173 – HEDIN/TORPEDO)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 249/06)

1.   
On 7 July 2023, 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:






—


Hedin Mobility Group AB (‘Hedin’, Sweden), ultimately controlled by Mr. Anders Hedin,










—


eight companies (2) (together referred to as ‘Torpedo’, all Germany) currently held by Torpedo-Garage Ansorg, Hermann und Thomas GmbH u. Co KG and Torpedo LT Investment GmbH (Germany).




Hedin will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Torpedo.
The concentration is accomplished by way of purchase of shares.


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






—


Hedin is active in the wholesale and retail distribution of new and used passenger cars and light commercial vehicles, the retail distribution of trucks, the wholesale and retail distribution of original equipment (‘OE’) and non-OE spare parts, the provision of repair and maintenance services, and the provision of automotive rental, leasing and financing services in the EEA,










—


Torpedo is active in the retail distribution of new and used passenger cars, light commercial vehicles, trucks, and OE and non-OE spare parts and provides car repair and maintenance services for motor vehicles primarily in Germany.






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 (3) 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.11173 – HEDIN/TORPEDO
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
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)  The Target consists of eight companies currently held by Torpedo-Garage Ansorg, Hermann und Thomas GmbH u. Co KG and Torpedo LT Investment GmbH, i.e. (i) Torpedo Garage Südwest GmbH, (ii) Torpedo Garage Saarland GmbH, (iii) TG Autohandelsgesellschaft mbH, (iv) TG Automobile GmbH, (v) Torpedo-Rent GmbH, (vi) Torpedo Logistik & Service GmbH, (vii) Torpedo Services GmbH, (viii) Torpedo eMobility GmbH.

(3)  OJ C 366, 14.12.2013, p. 5.