CELEX: 32015M7467
Language: en
Date: 2015-01-09 00:00:00
Title: Commission Decision of 09/01/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7467 - MITSUBISHI HEAVY INDUSTRIES / MITSUBISHI CORPORATION / MHI COMPRESSOR INTERNATIONAL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 09.01.2015
                                        C(2015) 84final

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|To the notifying parties:                                              |                                                                       |
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|Dear Madam(s) and/or Sir(s),                                           |                                                                       |
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Subject:    Case M.7467 - MITSUBISHI HEAVY INDUSTRIES/ MITSUBISHI CORPORATION/ MHI COMPRESSOR INTERNATIONAL
Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the European
Economic Area[2]

Dear Madam(s) and/or Sir(s),

 1. On 04.12.2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger  Regulation  by
    which Mitsubishi Heavy Industries Ltd. ("MHI", Japan) and Mitsubishi Corporation ("MC", Japan) acquire within the meaning of Article 3(1)(b)
    of the Merger Regulation joint control over MHI Compressor International Corporation ("MCO-I", USA).

 2. The business activities of the undertakings concerned are:

      - For MHI: international supplier of heavy industrial machinery, active in the  business  of  shipbuilding  and  ocean  development,  power
      systems, nuclear energy systems, compressors and compressor trains, turbines, machinery and steel;

      - For MC: involved in global trading activities  including  complex  project  management,  strategic  finance  and  investment,  marketing,
      distribution and procurement services;

      - For MCO-I: active in North American in the sales and marketing of compressors and compressor trains and related after-sales services.

 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 and Article 57 of the EEA Agreement.

                                        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]   OJ L 1, 3.1.1994, p.3 ("the EEA Agreement").

[3]   Publication in the Official Journal of the European Union No C 444,12.12.2014, p. 24.

4     OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE