Prior notification of a concentration (Case M.11199 – INGKA / MORSANO / MOPET) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 318/07
Date: 2023-09-08
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, electronic commerce, furniture industry, holding company, investment company, merger control, plastics industry, recycling technology, retail trade








C_2023318EN.01000801.xml










8.9.2023   


EN


Official Journal of the European Union


C 318/8







Prior notification of a concentration
(Case M.11199 – INGKA / MORSANO / MOPET)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 318/07)


1.   
On 30 August 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:






—


Ingka Holding B.V. (‘Ingka’, the Netherlands),










—


Morsano B.V. (‘Morsano’, the Netherlands),










—


Mopet Beheer B.V. (‘Mopet’, the Netherlands), controlled by Morsano B.V.




Ingka and Morsano will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Mopet.
The concentration is accomplished by way of purchase of shares.


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






—


Ingka’s business can generally be divided into three main divisions:






(a)


IKEA Retail, consisting of the operation of IKEA stores as a franchisee of the IKEA concept, as well as commerce via its online sales channels,










(b)


Ingka Centres which creates and operates shopping centres around the world,










(c)


Ingka Investments which carries out investments related to business development and digitalization, wind and solar energy solutions, the supply of circular resources, forestland, real estate and financial markets,














—


Morsano is the current controlling shareholding and holding company of Mopet,










—


Mopet is a provider of mechanical and chemical plastic recycling services, enabling sustainable use of raw materials. As such, Mopet is a producer of high grade recycled raw materials and sustainable customer 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.11199 – INGKA / MORSANO / MOPET
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)  
            OJ C 366, 14.12.2013, p. 5.