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Document 32011M6352
Commission Decision of 26/10/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6352 - VITOL / VTTI / ARCLIGHT / PETRO LUX) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
Odločba Komisije z dne 26/10/2011 o razglasitvi združljivosti koncentracije s skupnim trgom (Zadeva št. COMP/M.6352 - VITOL / VTTI / ARCLIGHT / PETRO LUX) v skladu z Uredbo Sveta (ES) št. 139/2004 (Besedilo v angleškem jeziku je edino verodostojno)
Odločba Komisije z dne 26/10/2011 o razglasitvi združljivosti koncentracije s skupnim trgom (Zadeva št. COMP/M.6352 - VITOL / VTTI / ARCLIGHT / PETRO LUX) v skladu z Uredbo Sveta (ES) št. 139/2004 (Besedilo v angleškem jeziku je edino verodostojno)
In force
- Date of document:
- 26/10/2011
- Date of effect:
- 26/10/2011; začetek veljavnosti datum obvestila
- Date of end of validity:
- No end date
- Author:
- Evropska komisija, Generalni direktorat za konkurenco
- Responsible body:
- Directorate-General for Competition, COMPETITION
- Form:
- Sklep
- Addressee:
- ARCLIGHT ERNERGY PARTNERS FUND IV L.P., VITOL B.V., VTTI B.V.
- Additional information:
- NACE=B9.01 (See 32006R1893)
- Authentic language:
- angleščina
- Treaty:
- Pogodba o delovanju Evropske unije
- Legal basis:
-
- 32004R0139 - A06P1b
- Link
- Link
- Link
- Select all documents mentioning this document
- Subject matter:
- Directory code:
-
- 08.40.00.00 Politika konkurence / Koncentracije
32011M6352
Commission Decision of 26/10/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6352 - VITOL / VTTI / ARCLIGHT / PETRO LUX) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
|EUROPEAN COMMISSION | Brussels , 26/10/2011 C(2011)7854 PUBLIC VERSION SIMPLIFIED MERGER PROCEDURE To the notifying parties: Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6352 - VITOL/ VTTI/ ARCLIGHT/ PETRO LUX Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] (1) On 26.09.2011, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Vitol B.V. ("Vitol", The Netherlands), a company controlled by Vitol Holding II SA (Luxembourg), and VTTI B.V. ("VTTI", The Netherlands), a company jointly controlled by Vitol and MSCI SDN. BHD ("MTTI", Malaysia), the latter being in turn indirectly controlled by Petroliam nasional Berhad ("Petronas", Malaysia), together with ArcLight Energy Partners Fund IV L.P. ("ArcLight", U.S.A.) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Petro Lux S.à.r.l. ("Petro Lux", Luxembourg), the ultimate mother company of Petrotank Neutrale Tanklager GmbH ("Petrotank", Deutschland), by way of purchase of shares [2] . (2) The business activities of the undertakings concerned are: - for Vitol: independent trading of various commodities and financial instruments relating in particular to the oil and gas sector. - for VTTI: ownership and operation of a network of petroleum products terminals. - for ArcLight: investments in the energy industry. - for Petrotank: storage and handling of mineral oil products and other liquid products. (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) and (c) 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. 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 292, 05.10.2011, p.10 [3] OJ C 56, 5.3.2005, p. 32.
