CELEX: 32014M7331
Language: en
Date: 2014-08-26 00:00:00
Title: Commission Decision of 26/08/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7331 - CONSTELLIUM / TRI-ARROWS ALUMINUM HOLDING / QUIVER VENTURES) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |
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                                        Brussels, 26.8.2014
                                        C(2014) 6160 final

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|To the notifying parties:                                          |                                                                   |

Dear Madam(s) and/or Sir(s),

Subject:    Case M.7331 – CONSTELLIUM / TRI-ARROWS ALUMINUM HOLDING / QUIVER VENTURES
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 30 July 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by
    which the undertakings Constellium N.V. ("Constellium", The Netherlands) and Tri-Arrows Aluminum Holding Inc. ("Tri-Arrows", United  States)
    acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint  control  of  the  undertaking  Quiver  Ventures  LLC  ("Quiver
    Ventures", United States), by way of purchase of shares.

   2. The business activities of the undertakings concerned are:

       – for Constellium: manufacture and sale of rolled and extruded aluminium and related products;

  – for Tri-Arrows: manufacture and sale of rolled aluminium can sheet;

       – for Quiver Ventures: newly created company based in Kentucky (United States) which  will  manufacture  and  sell  aluminium  flat-rolled
         products for automotive body-in-white.[2]

 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 (a) of the Commission Notice on a simplified procedure for treatment of  certain  concentrations  under
    Council Regulation (EC) No 139/2004.[3]

 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.

      For the Commission

                                        (signed)
                                        Alexander ITALIANER
                                        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]   Publication in the Official Journal of the European Union No C 258, 8.8.2014, p. 33.
[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE