CELEX: 32016M8202
Language: en
Date: 2016-11-30 00:00:00
Title: Commission Decision of 30/11/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8202 - NIDEC / EMERSON ELECTRIC (LEROY-SOMER AND CONTROL TECHNIQUES DIVISIONS)) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                     
                  
               
               Brussels, 30.11.2016
            
            
               C(2016) 8104 final
            
            
            
            
                     
                        
                  
                  
                     
                        To the notifying party: 
                     
                  
               
            
            
               Subject:Case M.8202 – NIDEC / EMERSON ELECTRIC (LEROY-SOMER AND CONTROL TECHNIQUES DIVISIONS)
                  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
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                and Article 57 of the Agreement on the European Economic Area
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               Dear Sir or Madam,
            
            
               1.On 8 November 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Nidec Corporation (“Nidec”) (Japan) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of parts of Emerson Electric Co.’s (“Emerson”) motors, drives and electric power generation businesses (United States of America) by way of purchase of shares and assets.
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               2.The business activities of the undertakings concerned are:
            
            
               -for Nidec: manufacture and sale of motors, machinery, electronic and optical components and other products;
            
            
               -for Emerson's motors, drives and electric power generation businesses: manufacture and sale of motors, drives, and electric power generation solutions conducted under the brand names Leroy-Somer Electric Power Generation, Leroy-Somer Motors & Drives, Control Techniques and Kato Engineering.
            
            
               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.
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               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
            
         
         
            
                  
                     (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 421, 16.11.2016, p. 7.
               
               
                  
                     (4)
                  
                  
                      
                           OJ C 366, 14.12.2013, p. 5.