CELEX: 32018M9124
Language: en
Date: 2018-12-05 00:00:00
Title: Commission Decision of 05/12/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.9124 - Dana Incorporated / GrazianoFairfield AG, Pfäffikon) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 5.12.2018
                                                                C(2018) 8495 final
                                                                      PUBLIC VERSION
                                                                To the Notifying Party
Subject:        Case M.9124 – Dana/Oerlikon Drive Systems
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
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                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 9 November 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the undertaking
        Dana Incorporated ("Dana", U.S.) acquires within the meaning of Article 3(1)(b) of the
        Merger Regulation sole control over the whole of the undertaking GrazianoFairfield AG,
        Pfaffikon ("GrazianoFairfield AG", Switzerland), controlled by OC Oerlikon Corporation
        AG, Pfaffikon ("Oerlikon", Switzerland) by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             Dana is a global supplier of driveline, sealing and thermal-management products to
              manufacturers of light, commercial and off-highway vehicles as well as gearboxes,
              hydraulic products and driveshafts for industrial stationary equipment,
             GrazianoFairfield AG is a provider of gear, drive and shifting solutions for mobile
              vehicles and industrial equipment.
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 paragraphs 5(c)
        and 6 of the Commission Notice on a simplified procedure for treatment of certain
        concentrations under Council Regulation (EC) No 139/2004.4
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 420, 20.11.2018, p. 5.
4       OJ C 366, 14.12.2013, p. 5.
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--- 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)
                                                   Johannes LAITENBERGER
                                                   Director-General
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