23.9.2022
EN
Official Journal of the European Union
C 364/5
V (Announcements)
PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY
EUROPEAN COMMISSION Prior notification of a concentration (Case M.10699 – SALMAR / NTS) (Text with EEA relevance)
(2022/C 364/04)
1.
On 12 September 2022, 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: — SalMar ASA (‘SalMar’, Norway), ultimately controlled by Kvarv AS, — NTS ASA (‘NTS’, Norway).
SalMar will acquire within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of NTS.
The concentration is accomplished by way of public bid announced on 17 March 2022.
2.
The business activities of the undertakings concerned are the following:
— SalMar is a producer of salmon with farming and processing operations in Norway, Iceland and Scotland, while its parent Kvarv AS has further subsidiaries active in the acquaculture industry, — NTS is, via its subsidiaries SalmoNor AS, Norwegian Royal Salmon ASA and Frøy ASA, active in farming and processing of salmon in Norway and Iceland as well as other parts of the acquaculture industry.
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.
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.10699 – SalMar / NTS (1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).