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Document C2015/017/08

Prior notification of a concentration (Case M.7429 — Siemens/Dresser-Rand) Text with EEA relevance

OJ C 17, 20.1.2015, p. 30–30 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

20.1.2015   

EN

Official Journal of the European Union

C 17/30

Prior notification of a concentration

(Case M.7429 — Siemens/Dresser-Rand)

(Text with EEA relevance)

(2015/C 17/08)

1.

On 9 January 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Siemens AG (‘Siemens’, Germany) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Dresser-Rand Group Inc. (‘Dresser-Rand’, USA) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

—

Siemens is a German stock corporation headquartered in Munich, Germany. Siemens offers a wide range of products and services to customers through the following business divisions: Building Technologies, Digital Factory, Energy Management, Healthcare, Mobility, Power and Gas, Power Generation Services, Process Industries and Drives, Wind Power and Renewables, and Financial Services.

Siemens product portfolio includes gas turbines, steam turbines, generators and compressors. Siemens also produces electric motors.

—

Dresser-Rand is a US public company headquartered in Houston, Texas. Dresser-Rand focuses on servicing customers in the oil and gas (O&G) sector with products designed for applications along the O&G value chain: upstream exploration and production, midstream transportation, LNG and storage and downstream processing, and distribution of O&G and related by-products.

Dresser-Rand's product portfolio includes centrifugal and reciprocating gas compressors, small gas and steam turbines, gas expanders, gas and diesel engines and associated control panels.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7429 — Siemens/Dresser-Rand, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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