CELEX: 32014M7338
Language: en
Date: 2014-08-28 00:00:00
Title: Commission Decision of 28/08/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7338 - OJI / INCJ / RANK GROUP PULP, PAPER & PACKAGING BUSINESS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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                                        Brussels, 28.8.2014
                                        C(2014) 6242

|To the notifying party:                                            |                                                                   |
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Dear Madam(s) and/or Sir(s),

Subject:    Case M.7338 – OJI / INCJ / RANK GROUP PULP, PAPER & PACKAGING BUSINESS
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 4 August 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the  Merger  Regulation
    by which the undertakings Oji Holdings Corporation ("OJI", Japan) and Innovation Network Corporation of Japan ("INCJ", Japan) acquire within
    the meaning of the article 3(1)(b) of the Merger Regulation joint control of the Pulp, Paper & Packaging  Business  of  Rank  Group  Limited
    (“PPP Business", New Zealand) by way of purchase of shares.

   2. The business activities of the undertakings concerned are:

    -       for OJI: manufacture of pulp and paper products,

    - for INCJ: public-private partnership providing financial (growth and  risk  capital),  technological  and  management  support  for  next-
           generation businesses,

    - for PPP Business: manufacture of pulp and paper products marketed primarily in New Zealand, Australia and  Asia;  logistics  services  and
           waste paper collection and processing.[2]

 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 (a) of the Commission Notice on a simplified procedure for treatment of  certain  concentrations  under
    Council Regulation (EC) No 139/2004.[3]

 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.

      For the Commission

                                        signed
                                        Alexander ITALIANER
                                        Director General
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[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 260, 9.8.2014, p. 12.
[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE