Prior notification of a concentration (Case M.11691 – MARUBENI / NAP / FMG / AQUAGREEN – Candidate case for simplified procedure
Date: 2024-09-18
Institutions: Directorate-General for Competition, European Commission
Subjects: biotechnology, clean technology, economic concentration, investment company, merger control, sewage sludge, water treatment








C_202405585EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/5585


18.9.2024






Prior notification of a concentration
(Case M.11691 – MARUBENI / NAP / FMG / AQUAGREEN
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/5585)


1.   
On 10 September 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:






—


Marubeni Corporation (‘Marubeni’, Japan),










—


Nordic Alpha Partners Fund I K/S (‘NAP’, Denmark),










—


FMG Circular Invest AB (‘FMG’, Sweden), controlled by Mellby Gård (Sweden),










—


AquaGreen Holding ApS (‘AquaGreen’, Denmark), controlled by NAP and FMG.




Marubeni, NAP, and FMG will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of AquaGreen.
The concentration is accomplished by way of purchase of shares.


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






—


Marubeni is a trading and investment company active worldwide with business activities in multiple sectors, including lifestyle, IT solutions, food, agribusiness, chemicals, metals and mineral resources, energy, infrastructure projects, finance, leasing and real estate business, construction, industrial machinery, and mobility,










—


NAP is an investment fund focused on sustainable technology businesses,










—


FMG is an investment company focused on sustainable water treatment solutions and technologies,










—


AquaGreen is an engineering company specialising in cleantech solutions with a focus on wastewater sludge treatment and biomass conversion technologies.






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 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.


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.11691 – MARUBENI / NAP / FMG / AQUAGREEN
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/2024/5585/oj
ISSN 1977-091X (electronic edition)