CELEX: 32018M8859
Language: en
Date: 2018-04-25 00:00:00
Title: Commission Decision of 25/04/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8859 - VIOHALCO / KORAMIC / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                     
                  
               
               Brussels, 25.4.2018
            
            
               C(2018) 2649 final
            
            
            
               .
            
            
               To the notifying parties
               
            
            
               Subject:Case M.8859 - VIOHALCO / KORAMIC / JV
                  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
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                and Article 57 of the Agreement on the European Economic Area
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               Dear Sir or Madam,
            
            
               1.On 28 March 2018, the European Commission received a notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which ElvalHalcor S.A. (Greece), controlled by Viohalco S.A. (Belgium) and NedZink B.V. (Netherlands), currently controlled by Koramic Holding N.V. (Belgium) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of NedZink B.V.
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               2.The business activities of the undertakings concerned are:
            
            
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                     for Viohalco S.A. : manufacturing and sale of products, including copper, aluminium and steel for the construction industry, in particular copper elements for roofing and rainwater systems; aluminium elements for roofing systems, facades and rainwater systems steel sandwich panels;
            
            
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                     for Koramic Holding N.V. : investment in industrial and commercial companies, real estate investment and development, private equity and treasury activities, in particular production of rolled zinc products for roofing systems and rainwater systems; zinc production activities are mainly conducted through NedZink B.V. 
            
            
               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) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
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               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
               
         
         
            
                  
                     (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 120, 6.4.2018, p. 23
               
               
                  
                     (4)
                  
                  
                      
                           OJ C 366, 14.12.2013, p. 5.