CELEX: 32020M9629
Language: en
Date: 2020-01-06 00:00:00
Title: Commission Decision of 06/01/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.9629 - FAURECIA / SAS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 6.1.2020
                                                                C(2020) 74 final
                                                                                 PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.9629 – Faurecia/SAS
                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 3 December 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the
        undertakings Faurecia Automotive GmbH (“Faurecia”, Germany), a subsidiary of
        Faurecia S.E. (France) and ultimately controlled by Peugeot S.A. (France), parent
        company of the PSA group acquires within the meaning of Article 3(1)(b) of the
        Merger Regulation sole controlof the whole of the undertaking SAS
        Autosystemtechnik GmbH & Co. KG (“SAS”, Germany), currently jointly controlled
        by Faurecia and Continental Automotive GmbH (“Continental”, Germany) by way of
        purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for Faurecia: Faurecia is an affiliate of Faurecia S.E., a French automotive
              supplier active in the development, manufacture, and supply of components for
              passenger cars and commercial vehicles. Peugeot S.A. is a French car
              manufacturer.
             for SAS: SAS is a jointly-controlled business (owned by Faurecia and
              Continental, another automotive component supplier), specializing in the
              assembly of cockpit modules for passenger cars and commercial vehicles.
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
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 416, 11.12.2019, p. 14.
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---    paragraph 5(d) 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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