CELEX: 32021M10148
Language: en
Date: 2021-03-12 00:00:00
Title: Commission Decision of 12/03/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10148 - FCA / EEPS / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 12.03.2021
                                                                C(2021) 1767 final
                                                                                 PUBLIC VERSION
                                                                FCA Italy S.p.A.
                                                                Corso G. Agnelli 200
                                                                10135 – Turin
                                                                Italy
                                                                ENGIE SA
                                                                1 place Samuel de Champlain
                                                                Faubourg de l’Arche
                                                                92930 – Paris La Défense cedex
                                                                France
Subject:        Case M.10148 – FCA / EEPS / JV
                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 18 February 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the
        undertakings FCA Italy S.p.A. (“FCA”, Italy), a subsidiary of the Fiat Chrysler
        Automobiles N.V. Group (“FCA NV”, The Netherlands), which will incorporate
        Peugeot S.A. (“PSA”, France) and be renamed as Stellantis N.V. (The Netherlands),
        and ENGIE EPS Italia S.r.l. (“EEPS”, Italy), a subsidiary of the ENGIE Group
        (France), acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger
        Regulation joint control over the whole of EPS E-mobility S.r.l. (“EPS E-mobility”,
        Italy), currently owned by EEPS, by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for FCA NV: a global automotive group whose activities envisage the design,
              manufacture and sale of passenger cars and light commercial vehicles (under the
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 66, 26.02.2021, p. 56.
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---         Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia,
        Maserati and Ram brands) as well as of components and production systems
        worldwide,
       for EEPS: is the industrial player of the ENGIE group active in the provision of
        microgrid solutions, energy storage systems for renewable power producers and
        e-mobility services,
       for EPS E-mobility: develops innovative solutions and technologies for electric
        and hybrid vehicles providing innovative charging solutions.
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.
                                               2