CELEX: 32006M4362
Language: en
Date: 2006-09-26 00:00:00
Title: Commission Decision of 26/09/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4362 - VOESTALPINE / K+N / EUROSHIPPING) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32006M4362

Commission Decision of 26/09/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4362 - VOESTALPINE / K+N / EUROSHIPPING) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 26-09-2006SG-Greffe(2006) D/205388/9To the notifying parties:Dear Madam, dear Sir,Subject: Case No. COMP/M.4362 – voestalpine/ K+ N / EuroshippingNotification of 23.08.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C 207, 30.08.2006, page 12.1. On 23 August 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertakings voestalpine AG (“voestalpine”, Austria) and Kühne + Nagel International AG (“K + N”, Switzerland) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Kühne + Nagel Euroshipping GmbH ( “Euroshipping”, Germany) by way of purchase of shares.2. The business activities of the undertakings concerned are:- for voestalpine: producing and processing steel products for the car, construction, railway and household tools manufacturing industry;- for K + N: provision of integrated logistics services including sea freight, air freight, and contract logistics;- for Euroshipping: provider of inland shipping services.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph a, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004 [2].4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No. 139/2004.For the CommissionsignedPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------