CELEX: 32016M8072
Language: en
Date: 2016-07-12 00:00:00
Title: Commission Decision of 12/07/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8072 - TOTAL / SAFT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 12.7.2016
                                        C(2016) 4594 final

|PUBLIC VERSION                                   |
|                                                 |
|SIMPLIFIED MERGER PROCEDURE                      |

                                        To the notifying party

Dear Sirs,

Subject:    Case M.8072 – TOTAL / SAFT
         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 17 June 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by
    which the undertaking TOTAL S.A. ('TOTAL', France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation  control  of  the
    whole of Saft Groupe S.A. ('Saft', France) by way of public bid announced on May 9, 2016.[3]

 2. The business activities of the undertakings concerned are:

      – For TOTAL: Energy production in gas and oil sector : TOTAL's business area includes (i) exploration and production,  (ii)  operations  on
        the whole liquefied natural gas chain, (iii) refining and chemicals, (iv) trading and shipping, (v) marketing and  services.   Total  has
        diversified its activities into the sector of renewable energies which includes solar energy and biomass;

      – For Saft: Design, development, manufacture and supply of rechargeable and non rechargeable industrial  batteries  for  a  wide  range  of
        civil and military applications, including industrial infrastructure and transportation systems, smart cities and medical devices, energy
        storage and telecom networks, industrial vehicles and defense systems, and satellites and space applications.

 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.[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

-----------------------
[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 233, 28.6.2016, p. 9.
[4]   OJ C 366, 14.12.2013, p. 5.