Prior notification of a concentration (Case M.11817 – METINVEST / IB / JV) – Candidate case for simplified procedure
Date: 2025-04-04
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, flat product, international trade, iron and steel industry, joint venture, merger control, subsidiary








C_202502116EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/2116


4.4.2025






Prior notification of a concentration
(Case M.11817 – METINVEST / IB / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/2116)


1.   
On 26 March 2025, 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:






—


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










—


Industrielle Beteiligung S.A. (‘IB’, Luxembourg), controlled by Danieli & C. Officine Meccaniche S.p.A. (‘Danieli’, Italy).




Metinvest and IB will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Metinvest Adria S.p.A. (the ‘JV’, Italy).
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:






—


Metinvest and its subsidiaries operate assets mainly in Ukraine, Europe and the US and are active in the steel production and trading chain, from extracting iron ore and coal to producing semi-finished and finished steel products and international trading,










—


IB is a subsidiary of Danieli, an Italian producer of hot rolled long steel products and provider of high-quality steelmaking machinery, technologies and services in Europe and worldwide.






3.   

The business activities of the JV will focus on the manufacture of the hot rolled carbon steel flat products.



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 concentration 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.11817 – METINVEST / IB / 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/2025/2116/oj
ISSN 1977-091X (electronic edition)