Prior notification of a concentration (Case M.12056 – AEQUITA / LYONDELLBASELL INDUSTRIES HOLDINGS (PARTS OF EUROPEAN OLEFINS AND POLYOLEFINS BUSINESS)) – Candidate case for simplified procedure
Date: 2025-07-21
Institutions: Directorate-General for Competition, European Commission
Subjects: France, Germany, Netherlands, Spain, United Kingdom, chemical industry, economic concentration, hydrocarbon, investment company, merger control, motor vehicle industry, oil industry








C_202504094EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/4094


21.7.2025






Prior notification of a concentration
(Case M.12056 – AEQUITA / LYONDELLBASELL INDUSTRIES HOLDINGS (PARTS OF EUROPEAN OLEFINS AND POLYOLEFINS BUSINESS))
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/4094)


1.   
On 7 July 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:






—


AEQUITA Management SE (Germany),










—


parts of the European olefin and polyolefin business of LyondellBasell Industries Holdings B.V. (‘LYB’, Netherlands), which is composed of new entities to be incorporated in each of Spain, the Netherlands, the United Kingdom and Germany (Spain, Netherlands, UK, Germany), to which parts of the business activities of LYB will be transferred, as well as Compagnie de Distribution des Hydrocarbures S.A.S (France), Basell Polyolefines France S.A.S. (France), Compagnie Petrochemique de Berre S.A.S. (France), and LyondellBasell Services France SAS. (France), all controlled by LYB (together, the ‘Target Business’).




AEQUITA Management SE will acquire within the meaning of Article 3(1)(b) of the Merger Regulation control of the Target Business.
The concentration is accomplished by way of purchase of securities.


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






—


AEQUITA Management SE, through its subsidiary AEQUITA SE & Co KGaA, is an investment company active in a range of different sectors with a focus on the automotive industry,










—


Target Business is active in the manufacturing of olefins and polyolefins through production sites in the UK, Spain, France and Germany as well as the related sales, marketing and support services in the Netherlands and other locations.






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.12056 – AEQUITA / LYONDELLBASELL INDUSTRIES HOLDINGS (PARTS OF EUROPEAN OLEFINS AND POLYOLEFINS BUSINESS)
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/2025/4094/oj
ISSN 1977-091X (electronic edition)