CELEX: 32016M8170
Language: en
Date: 2016-10-03 00:00:00
Title: Commission Decision of 03/10/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8170 - CHEMCHINA / ADAMA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 3.10.2016
                                        C(2016) 6441 final

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|                                                                       |To the notifying party:                                                |

Dear Sirs,

Subject:    Case M.8170 – CHEMCHINA / ADAMA
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 7 September 2016, the European Commission received notification of  a  proposed  concentration  pursuant  to  Article  4  of  the  Merger
    Regulation by which the undertaking  China  National  Agrochemical  Corporation  ("CNAC",  China)  controlled  by  China  National  Chemical
    Corporation ("ChemChina", China) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the  whole  of  the
    undertaking Adama Agricultural Solutions Ltd. ("Adama", Israel) by way of purchase of shares.[3]

 2. The business activities of the undertakings concerned are:

      - for CNAC: CNAC is active in the agrochemical sector. It manufactures and sells off-patent active ingredients and formulated products used
        for crop protection products;

      - for Adama: Adama manufactures and sells off-patent active ingredients and formulated products used  for  crop  protection  product,  seed
        treatment and lawn and garden products. It also manufactures a limited number of non-agrochemical products for the food industry.

 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) 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)
                                        Johannes LAITENBERGER
                                        Director-General

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[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 338, 15.9.2016, p. 13.
[4]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE