CELEX: 32020M9696
Language: en
Date: 2020-04-22 00:00:00
Title: Commission Decision of 22/04/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.9696 - ARCELORMITTAL NEEL TAILORED BLANKS / TT STEEL SERVICE INDIA / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 22.4.2020
                                                                C(2020) 2641 final
                                                                                PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9696 – ARCELORMITTAL NEEL TAILORED BLANKS / TT
                STEEL SERVICE INDIA / JV
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 26 March 2020, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the
        undertakings ArcelorMittal Neel Tailored Blanks Private Limited (“ANTB”,
        Luxemburg/India), jointly controlled by ArcelorMittal Tailored Blanks Lorraine SAS
        of India (ultimately controlled by ArcelorMittal of Luxemburg) and Neel Metal
        Products Limited of India and TT Steel Service India Private Limited (“TTSSI”,
        India), belonging to the Toyota Group, acquire within the meaning of Article 3(1)(b)
        and 3(4) of the Merger Regulation joint control of ArcelorMittal Neel TT Private
        Limited (“ANTT”, India).
        The concentration is accomplished by way of purchase of shares in a newly created
        company constituting a joint venture.3
2.      The business activities of the undertakings concerned are:
        −     for ANTB: production, distribution, marketing, and sale of steel products,
              including tailored welded blanks. It supplies steel for various applications
              including automotive, construction, household appliances, and packaging,
        −     for TTSSI: operating a Steel Service Center (SSC),
        −     for ANTT: production and commercialisation of tailored welded blanks,
              exclusively in India.
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 113, 06.04.2020, p. 7.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 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 139/2004.4
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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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