Prior notification of a concentration (Case M.11741 – ABASTIBLE / GASIB SPAIN / GASIB PORTUGAL) – Candidate case for simplified procedure
Date: 2024-09-25
Institutions: Directorate-General for Competition, European Commission
Subjects: Portugal, Spain, economic concentration, energy distribution, gas, gas supply, merger control, petroleum, service








C_202405764EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/5764


25.9.2024






Prior notification of a concentration
(Case M.11741 – ABASTIBLE / GASIB SPAIN / GASIB PORTUGAL)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/5764)


1.   
On 17 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:






—


Abastible S.A. (‘Abastible’) (Chile),










—


Gasib Sociedad Ibérica de Gas Licuado, S.L.U. (‘Gasib Spain’), controlled by Compañía Española de Petróleos, S.A., (‘CEPSA’) (both Spain),










—


Sociedade Ibérica de Gàs Liquefeito, Lda (‘Gasib Portugal’) (Portugal), controlled by CEPSA.




Abastible will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Gasib Spain and Gasib Portugal.
The concentration is accomplished by way of purchase of shares.


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






—


Abastible is active in the distribution and commercialization of liquified petroleum gas (‘LPG’) in Chile, Colombia, Ecuador and Peru. Abastible also offers value-added energy solutions in the framework of energy efficiency projects, manage gas filling stations for cars and offer home services related to the installation and contingency assistance services related to liquefied gas in South America,










—


Gasib Spain supplies and distributes LPG in Spain,










—


Gasib Portugal supplies and distributes LPG in Portugal.






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.11741 – ABASTIBLE / GASIB SPAIN / GASIB PORTUGAL
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/2024/5764/oj
ISSN 1977-091X (electronic edition)