CELEX: 32011M6349
Language: en
Date: 2011-09-16 00:00:00
Title: Commission Decision of 16/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6349 - MOTHERSON / CROSS INDUSTRIES / PEGUFORM  / WETHJE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32011M6349

Commission Decision of 16/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6349 - MOTHERSON / CROSS INDUSTRIES / PEGUFORM  / WETHJE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION     |
            Brussels , 16.09.2011
             C(2011) 6605
             PUBLIC VERSION 
             SIMPLIFIED MERGER PROCEDURE
             | To the notifying parties: |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6349-MOTHERSON/ CROSS INDUSTRIES/ PEGUFORM/ WETHJE  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 17.08.2011, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which which the Motherson Group (Motherson Group, India) and the Cross Group (Cross Group, Austria) acquire within the meaning of Article 3(1)(b) of the  Merger Regulation control of the whole of the undertakings Peguform GmbH and Peguform Iberica S.L. (together the "Peguform Group", Germany) as well as joint control of Wethje Entwicklung GmbH and Wethje Carbon Composite GmbH (together the "Wethje Group", Germany) by way of purchase of shares.
             2. The business activities of the undertakings concerned are:
              - for Motherson Group: multinational group active in a variety of industries with a diversified range of products with its main focus in manufacturing of automotive components;
              - for Cross Group: group with strategic and operative concentration on the automotive sector;
              - for Peguform Group: manufacturing of components and accessories for motor vehicles, inter alia bumper systems, front-end modules, cockpits, instrument panels and door trim panels;
              -  for Wethje Group: production of fibre composite components mainly for the motor sports cars as well as well as the manufacturing and distribution of prototypes and tools [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 249,26.08.2011, p.11.
            [3] OJ C 56, 5.3.2005, p. 32.