Prior notification of a concentration (Case M.11893 – RETHMANN / TRANSDEV) – Candidate case for simplified procedure
Date: 2025-04-22
Institutions: Directorate-General for Competition, European Commission
Subjects: carriage of goods, economic concentration, farming sector, ferryboat, international transport, merger control, pharmaceutical industry, public transport, service, water management








C_202502424EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/2424


22.4.2025






Prior notification of a concentration
(Case M.11893 – RETHMANN / TRANSDEV)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/2424)


1.   
On 9 April 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:






—


Rethmann SE & Co. KG (‘Rethmann Group’, Germany),










—


Transdev Group (‘Transdev’, France), controlled by Caisse des Dépôts et consignations (‘CDC’, France).




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


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






—


Rethmann Group is globally active in the fields of (i) water management, recycling and industrial services, (ii) manufacturing of quality products for human and animal nutrition, agriculture, pharmaceuticals and industrial applications and (iii) international transport solutions for goods,










—


Transdev is active in (i) the operation and development of local public transport services and systems (including coaches, buses, trams, trains and metros) in several EU Member States and (ii) the operation of maritime shuttles and ferries in a number of EU countries.






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 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.11893 – RETHMANN / TRANSDEV
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/2025/2424/oj
ISSN 1977-091X (electronic edition)