C 194/30
EN
Official Journal of the European Union
2.6.2023
V (Announcements)
PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY
EUROPEAN COMMISSION Prior notification of a concentration (Case M.11131 – PIERER / LEONI) Candidate case for simplified procedure (Text with EEA relevance)
(2023/C 194/07)
1.
On 17 May 2023, 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: — Dipl. Ing.
Stefan Pierer ('Mr. Pierer', Austria), a natural person, — LEONI AG, a publicly listed company ('LEONI', Germany).
None of its shareholders exercises decisive influence over LEONI.
Mr. Pierer will acquire within the meaning of Article 3(1)(b) of the Merger Regulation control of LEONI.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are the following:
— Mr.
Pierer controls Pierer Industrie AG ('PIAG').
PIAG is an Austrian industrial investment group active in the production and distribution of motorcycles, electric bicycles and components for powered two-wheelers; the development, production, maintenance and distribution of high-tech mechanical systems for dynamic components for racing, luxury cars and aeronautics; and the production of CO2-efficient brakes, pumps and engine components.
PIAG is active world-wide, — LEONI is a global provider of products, solutions and services for energy and data management in the automotive industry.
Specifically, LEONI provides standardised cables and data cables for wiring systems.
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.
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).
(2) OJ C 366, 14.12.2013, p. 5.