CELEX: 32011M6087
Language: en
Date: 2011-05-23 00:00:00
Title: Commission Decision of 23/05/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6087 - ORKLA / REC) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32011M6087

Commission Decision of 23/05/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6087 - ORKLA / REC) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION     |
            Brussels , 23.5.2011
             C(2011) 3690 
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
             |To the notifying party |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M. 6087– Orkla/REC Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 15 April 2011, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which  the undertaking Orkla ASA ("Orkla", Norway) acquires within the meaning of Article 3(1)(b) of the  Merger Regulation control of the whole of Renewable Energy Corporation ASA ("REC", Norway). 
              The business activities of the undertakings concerned are: 
              - Orkla: branded consumer goods, aluminium solutions, renewable energy, specialty materials and financial investment 
              -   REC: solar energy solutions [2]  .
            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 129, 30.04.2011, p.4
            [3] OJ C 56, 5.3.2005, p. 32.