CELEX: 32012M6770
Language: en
Date: 2012-12-05 00:00:00
Title: Commission Decision of 05/12/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6770 - AMERICAN SECURITIES / METALDYNE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

|

32012M6770

Commission Decision of 05/12/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6770 - AMERICAN SECURITIES / METALDYNE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION      |
             Brussels, 05/12/2012
             C(2012) 9319
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
             To the notifying party
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6770 - AMERICAN SECURITIES/ METALDYNE Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1] 
            1.  On 09.11.2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which a fund managed by American Securities LLC (“American Securities”, USA) indirectly acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over the Metaldyne Group (“Metaldyne”, USA), by way of merger [2]  . 
             2. The business activities of the undertakings concerned are:
              - for American Securities: private investment firm;
              - for Metaldyne: manufacture and sale of metal components for light-duty motor vehicles to automotive OEM and Tier 1 automotive suppliers.
            2.  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 [3]  .  
            3.  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 353, 17.11.2012, p.6
            [3] OJ C 56, 5.3.2005, p. 32.