CELEX: 32015M7634
Language: en
Date: 2015-07-02 00:00:00
Title: Commission Decision of 02/07/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7634 - MITSUI / GESTAMP / GRI) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 2.7.2015
                                        C(2015) 4652 final

|PUBLIC VERSION                                   |
|                                                 |
|SIMPLIFIED MERGER PROCEDURE                      |

|                                                                       |To the notifying parties                                               |

Dear Sirs,

Subject:    Case M.7634 - MITSUI / GESTAMP / GRI
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 9 June 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation  by
    which the undertaking Mitsui & Co., Ltd ("Mitsui", Japan) acquires within the meaning of Article 3(1)(b) of the Merger  Regulation  together
    with Holding Gonvarri, S.L. ("Holding Gonvarri", Spain), ultimately controlled by  Acek  Desarrollo  Y  Gestión  Industrial  S.L.  (together
    "Gestamp Group", Spain), joint control of the whole of the undertaking Gonvarri Eòlica, S.L. ("Gonvarri Eòlica", Spain) and its subsidiaries
    by way of purchase of shares. Gonvarri Eòlica and its subsidiaries are also known under the name Gestamp Renewable Industries – GRI and  are
    currently solely controlled by Holding Gonvarri.[3]

 2. The business activities of the undertakings concerned are:

      – Mitsui is a trading house engaged in a number of worldwide commodity and other businesses, including supply of steel products as well  as
        development and promotion of wind farms,

      – Gestamp Group is active worldwide in the steel, automotive components and renewable energy sectors,

      – Gonvarri Eòlica is active in the manufacture and supply of metal components for wind turbines, in particular wind towers and flanges.

 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)
                                        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]   OJ L 1, 3.1.1994, p. 3 ("the EEA Agreement").

[3]   Publication in the Official Journal of the European Union No C 200, 17.6.2015, p. 12.

[4]   OJ C 366, 14.12.2013, p. 5.