Prior notification of a concentration (Case M.11696 – OEP CAPITAL ADVISORS / COMAU) – Candidate case for simplified procedure
Date: 2024-10-16
Institutions: Directorate-General for Competition, European Commission
Subjects: Europe, North America, assembly line production, automation, designs and models, economic concentration, investment company, merger control, robotics, supply








C_202406216EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/6216


16.10.2024






Prior notification of a concentration
(Case M.11696 – OEP CAPITAL ADVISORS / COMAU)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/6216)


1.   
On 8 October 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:






—


One Equity Partners Capital Advisors, L.P. (‘OEP’, United States),










—


Comau S.p.A (‘Comau’, Italy), ultimately controlled by Stellantis N.V. (‘Stellantis’, the Netherlands)




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


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






—


OEP is a middle-market private equity firm focused on transformative combinations within the industrial, healthcare and technology sectors in North America and Europe.










—


Comau is a joint stock company organized under the laws of Italy. Comau and its subsidiaries is active in the design, production and supply of industrial automation systems, robotics, assembly lines and advanced automation solutions for applications and end users in the automotive, transportation, e-mobility, warehouse & logistics, renewable energy (including green hydrogen), heavy industries (i.e., shipbuilding) and in the education field.






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. 11696 - OEP CAPITAL ADVISORS / COMAU
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/2024/6216/oj
ISSN 1977-091X (electronic edition)