CELEX: 32022M10589
Language: en
Date: 2022-02-24 00:00:00
Title: Commission Decision of 24/02/2022 declaring a concentration to be compatible with the common market (Case No COMP/M.10589 - ADT / FORD NEXT / SNTNL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 24.2.2022
                                                                 C(2022) 1280 final
                                                                                 PUBLIC VERSION
                                                                 ADT LLC
                                                                 1501 Yamato Road
                                                                 Boca Raton, Florida 33431
                                                                 United States of America
                                                                 Ford Next LLC
                                                                 One American Road
                                                                 Dearborn, Michigan 48126
                                                                 United States of America
Subject:         Case M.10589 – ADT / FORD NEXT / SNTNL
                 Commission decision pursuant to Article 6(1)(b) of Council Regulation
                 (EC) No 139/20041 and Article 57 of the Agreement on the European
                 Economic Area2
Dear Sir or Madam,
1.      On 2 February 2022, the European Commission received notification of a proposed
        concentration pursuant to Article 4                 of the Merger Regulation by which the
        undertakings ADT LLC (“ADT”, United States), ultimately controlled by the Apollo
        Group (United States), and Ford Next LLC (“Ford Next”, United States), belonging to
        the Ford Group (United States), acquire within the meaning of Article 3(1)(b) and 3(4)
        of the Merger Regulation joint control over the undertaking SNTNL LLC (“SNTNL”,
        United States), currently under the sole control of Ford Next, by way of purchase of
        securities.3
2.      The business activities of the undertakings concerned are:
             Apollo Group is active in portfolio investments. It invests in companies and debt
              issued by companies involved in various businesses throughout the world.
              Through ADT, Apollo Group provides security, automation and smart home
              solutions, and offers 24/7 professional monitoring services,
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 68, 9.2.2022, p. 12.
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---        Ford Group is mainly active in the manufacture and supply of cars, trucks, sport
        utility vehicles (“SUVs”) and electrified vehicles. Ford Next houses the self-
        driving vehicle business operations of Ford Group, including its self-driving
        systems integration, autonomous vehicle research and advanced engineering, AV
        transportation-as-a-service network development, user experience, business
        strategy and business development teams,
       SNTNL intends to develop, manufacture and sell connected, intelligent vehicle
        security systems and related services such as third-party monitoring.
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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