Prior notification of a concentration (Case M.11424 - MC / DTHAG / MMC / JV) – Candidate case for simplified procedure
Date: 2024-01-24
Institutions: Directorate-General for Competition, European Commission
Subjects: Japan, bus, economic concentration, electric vehicle, holding company, large vehicle, light-duty vehicle, merger control, motor car, motor vehicle industry, service








C_202401033EN.000101.fmx.xml












Official Journal of the European Union


EN
Series C













C/2024/1033


24.1.2024






Prior notification of a concentration
(Case M.11424 - MC / DTHAG / MMC / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/1033)


1.   
On 12 January 2024, 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:






—


Mitsubishi Corporation (MC), Japan










—


Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Japan, controlled by Daimler Truck Holding AG (DTHAG)










—


Mitsubishi Motors Corporation (MMC), Japan, controlled by Nissan Motor Co., Ltd.




MC, DTHAG and MMC 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.
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:






—


MC is a Japanese integrated trading company which develops and operates businesses globally across a variety of industries.










—


MFTBC is a Japanese company which manufactures and supplies trucks, buses and industrial engines. DTHAG is a holding company for the larger Daimler Truck group.










—


MMC is a Japanese multinational automobile manufacturer which manufactures and supplies passenger cars and light commercial vehicles.






3.   

The business activities of the new joint-venture will be the establishment and operation of a comprehensive service platform for electric vehicles in Japan.



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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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.11424 - MC / DTHAG / MMC / JV
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 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2024/1033/oj
ISSN 1977-091X (electronic edition)