CELEX: 32015M7507
Language: en
Date: 2015-04-14 00:00:00
Title: Commission Decision of 14/04/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7507 - WÄRTSILÄ/ L-3 MSI) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 14.4.2015
                                        C(2015) 2570 final

|PUBLIC VERSION                                   |
|                                                 |
|SIMPLIFIED MERGER PROCEDURE                      |

|                                                                       |To the notifying party                                                 |

Dear Sirs,

Subject:    Case M.7507 - WÄRTSILÄ/ L-3 MSI
         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 11 March 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the  Merger  Regulation
    by which the undertaking Wärtsilä Corporation ("Wärtsilä", Finland) acquires within the meaning of Article 3(1)(b) of the Merger  Regulation
    sole control of the whole of the business unit L-3 Marine Systems International ("L-3 MSI", Finland) by way of purchase of shares.  L-3  MSI
    consists of L-3 Communications Dynamic Positioning and Control Systems, Inc. (USA), L-3 G.A. International, Inc. (USA), Funa  International,
    Inc. (USA), SAM Electronics  GmbH  (Germany),  L-3  Communications  ELAC  Nautik  GmbH  (Germany),   JOVYATLAS  EUROATLAS  Gesellschaft  für
    Leistungselektronik GmbH, (Germany), L-3 Communications Marine Holdings AS (Norway) and L-3 Communications Valmarine AS (Norway).[3]

 2. The business activities of the undertakings concerned are:

      – for Wärtsilä: Wärtsilä supplies ship power for builders, owners and operators of vessels and offshore  installations.  It  has  a  global
        service network for customers' ship machinery at every lifecycle stage and it is a provider of power plants, operations and lifetime care
        services in decentralized power generation,

      – for L-3 MSI: L-3 MSI  is active in the supply of complete marine  electrical  systems  as  well  as  integrated  navigation,  automation,
        communication, energy distribution and propulsion systems.

 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)
                                        Alexander ITALIANER
                                        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 92, 19.3.2015, p. 37.

[4]   OJ C 366, 14.12.2013, p. 5.