CELEX: 32021M10513
Language: en
Date: 2021-12-14 00:00:00
Title: Commission Decision of 14/12/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10513 - ACCIAIERIA ARVEDI / FINARVEDI / ACCIAI SPECIALI TERNI / THYSSENKRUPP STAINLESS / THYSSENKRUPP STAINLESS TURKEY METAL SANAYI VE T) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 14.12.2021
                                                                C(2021) 9660 final
                                                                                PUBLIC VERSION
                                                                Acciaieria Arvedi S.p.A.
                                                                Piazza Lodi, 7
                                                                26100 Cremona
                                                                Italy
Subject:        Case M.10513 – ACCIAIERIA ARVEDI / FINARVEDI / ACCIAI
                SPECIALI TERNI / THYSSENKRUPP STAINLESS / THYSSENKRUPP
                STAINLESS TURKEY METAL SANAYI VE T
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 17 November 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Acciaieria
        Arvedi S.p.A. (Italy) (‘Acciaieria Arvedi’) acquires, within the meaning of
        Article 3(1)(b) of the Merger Regulation, control of the whole of Acciai Speciali Terni
        S.p.A. (Italy) (‘AST’), thyssenkrupp Stainless GmbH (Germany) and thyssenkrupp
        Stainless Turkey Metal Sanayi ve Ticaret A.S. (Turkey). The concentration is
        accomplished by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
        −     for Acciaieria Arvedi: manufacturing and sale of carbon steel products, including
              carbon steel coils, welded carbon steel tubes and cold drawn carbon steel tubes,
              welded stainless steel tubes as well as other activities in the steel sector,
        −     for AST, thyssenkrupp Stainless GmbH and thyssenkrupp Stainless Turkey Metal
              Sanayi ve Ticaret A.S.: manufacturing, distribution and supply of certain stainless
              steel products, such as standard or custom size sheet or steel coils in all stainless
              steel grades, welded pipes and tubes and rectangular profiles for several sectors
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 (the ‘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 473, 24.11.2021, p. 31.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak---         like automotive, energy production, steelmaking industries, food preservation and
        construction market.
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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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