CELEX: 32018M8911
Language: en
Date: 2018-07-11 00:00:00
Title: Commission Decision of 11/07/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8911 - Samvardhana Motherson Automotive Systems Group B.V / Reydel Automotive Holdings B.V & Reydel Automotive Management B.V.) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 11.7.2018
                                                                C(2018) 4700 final
                                                                         PUBLIC VERSION
                                                                To the Notifying party
Subject:        Case M.8911 - SAMVARDHANA MOTHERSON AUTOMOTIVE SYSTEMS /
                REYDEL AUTOMOTIVE
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
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                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 18 June 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the undertaking
        Samvardhana Motherson Automotive Systems B.V. ("Motherson", The Netherlands),
        ultimately controlled by Samvardhana Motherson Group (India), acquires within the
        meaning of Article 3(1)(b) of the Merger Regulation sole control over the whole of the
        undertakings Reydel Automotive Management B.V. and Reydel Automotive Holdings B.V
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        (together "Reydel", The Netherlands) by way of purchase of shares.
2.      The business activities of the undertakings concerned are:
        −     Motherson is a supplier of a wide range of automotive components. It develops,
              produces and distributes exterior mirrors, interior mirrors, blind spot detection
              systems, plastic components such as automotive exterior and interior modules, and is a
              supplier of instrument panels, cockpit modules, door panels, floor consoles and
              bumpers,
        −     Reydel is a designer and manufacturer of automotive interior products, including
              instrument panels, door panels, console modules, cockpit modules and decorative
              parts.
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 220, 25.6.2018, p. 7.
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 paragraph 5(c)
   and 6 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
4  OJ C 366, 14.12.2013, p. 5.
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