CELEX: 32020M9983
Language: en
Date: 2020-12-22 00:00:00
Title: Commission Decision of 22/12/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.9983 - MAGNA / GFT BORDEAUX) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 22.12.2020
                                                                C(2020) 9605 final
                                                                                 PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.9983 – MAGNA / GFT BORDEAUX
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 30 November 2020, the European Commission received notification of a proposed
        concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of
        the Merger Regulation by which Magna Powertrain GmbH (Austria) intends to
        acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control
        over the GFT Bordeaux Production Plant (the “GFT Bordeaux”, France), belonging to
        GETRAG FORD Transmissions GmbH (“GFT”, Germany), which is jointly
        controlled by Magna International Inc. (“MAGNA”, Canada) and Ford Motor
        Company ("FORD", USA), by way of purchase of assets.3
2.      The business activities of the undertakings concerned are:
        −     MAGNA is a global automotive supplier, which designs, develops, manufactures
              and supplies automotive systems, assemblies, modules and components primarily
              for original equipment manufacturers of passenger cars and light commercial
              vehicles,
        −     The GFT Bordeaux Plant is a manufacturing plant for manual transmissions
              located in Bordeaux, France, and currently operated by GFT.
1       OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on
        the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the
        replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology
        of the TFEU will be used throughout this decision.
2       OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).
3       Publication in the Official Journal of the European Union No C 424, 8.12.2020, p. 37.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 3. After examination of the notification, the European Commission has concluded that
   the notified operation falls within the scope of the Merger Regulation and of
   paragraphs 5(d) and 21(b) of the Commission Notice on a simplified procedure for
   treatment of certain concentrations under Council Regulation (EC) No 139/2004.4
4. For the reasons set out in the Notice on a simplified procedure, the European
   Commission has decided not to oppose the notified operation and to declare it
   compatible with the internal market and with the EEA Agreement. This decision is
   adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of
   the EEA Agreement.
                                                  For the Commission
                                                  (Signed)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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