CELEX: 32014M7111
Language: en
Date: 2014-01-29 00:00:00
Title: Commission Decision of 29/01/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7111 - MITSUI / ARCELORMITTAL GONVARRI BRASIL PRODUTOS SIDERURGICOS / M STEEL COMERCIO DE PRODUTOS SIDERURGICOS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 29.1.2014
                                        C(2014) 545 final

|PUBLIC VERSION                                   |
|                                                 |
|SIMPLIFIED MERGER PROCEDURE                      |

                                        |                                                                          |To the notifying parties                                                  |

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

Subject:    Case No COMP/M.7111 - MITSUI / ARCELORMITTAL GONVARRI BRASIL PRODUTOS SIDERURGICOS / M STEEL COMERCIO DE PRODUTOS SIDERURGICOS
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 23 December 2013, the European Commission received notification of  a  proposed  concentration  pursuant  to  Article  4  of  the  Merger
    Regulation by which Mitsui & Co. Ltd. ("Mitsui", Japan) and ArcelorMittal Gonvarri Brasil Produtos Siderúrgicos S.A. ("AMG", Brazil) acquire
    within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking M Steel Indústria  e  Comércio  de  Produtos
    Siderúrgicos Ltda (the "Target Company", Brazil) by way of purchase of shares.[2]

 2. The business activities of the undertakings concerned are:

       – for Mitsui: sale, distribution, purchase, marketing and supply of products in  business  areas  such  as  iron  and  steel;  non-ferrous
         metals; machinery; electronics; chemicals; energy-related commodities globally,

       – for AMG: steel processing and distribution within Brazil,

       – for the Target Company: manufacturing, storing and distribution of various processed steel products.

 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

-----------------------
[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 6, 10.1.2014, p. 10.

[3]   OJ C 56, 5.3.2005, p. 32.