CELEX: 32016M8086
Language: en
Date: 2016-07-18 00:00:00
Title: Commission Decision of 18/07/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8086 - SUMITOMO / WW GRAINGER / PT SUMISHO E-COMMERCE INDONESIA JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                     
                  
               
               Brussels, 18.7.2016
            
            
               C(2016) 4791 final
            
            
            
            
               To the notifying parties:
            
            
               Dear Sirs,
            
            
               Subject:Case M.8086 - SUMITOMO / WW GRAINGER / PT SUMISHO E-COMMERCE INDONESIA JV 
                  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
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                and Article 57 of the Agreement on the European Economic Area
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               1.On 20 June 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertakings Sumitomo Corporation ("SC", Japan), PT Sumitomo Indonesia ("SSRI", Indonesia) controlled by Sumitomo Coroporation and Monotaro Co., Ltd ("Monotaro", Japan) controlled by W.W. Grainger, Inc. acquire within the meaning of Article 3(1)(b) of the  Merger Regulation joint control of the undertaking PT Sumisho E-ecommerce Indonesia (the "JVC") by way of purchase of shares.
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               2.The business activities of the undertakings concerned are:
            
            
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                     for Sumitomo Corporation : SC is active in integrated trading and an investment company which provides a range of services and products in Japan and around the world. It is active in various sectors, such as the trading of metal products, transportation and construction of systems, environment and infrastructure, media, network and lifestyle related products, mineral resources, energy, chemicals and electronics.  
            
            
                  -for  PT Sumitomo Indonesia : SSRI is active in diversified business activities including the sale of a variety of products and services, import and export, trilateral trade, and domestic business investment. 
            
            
                  -for Monotaro CO. : Monatoro is a marketer of maintenance, repair and operations supplies to small businesses and mid-size manufacturing companies across Asia through its online channel and product catalogues. 
            
            
               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.
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               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)
               Johannes LAITENBERGER
                  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)
                   
                        OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').
               
               
                  
                     (3)
                   
                        Publication in the Official Journal of the European Union No C 239, 01.07.2016, p. 17.
               
               
                  
                     (4)
                  
                  
                      
                           OJ C 366, 14.12.2013, p. 5.