This document is an excerpt from the EUR-Lex website
Document 52018M9177
Prior notification of a concentration (Case M.9177 — Sumitomo/Metal One/JV) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9177 — Sumitomo/Metal One/JV) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9177 — Sumitomo/Metal One/JV) — Candidate case for simplified procedure (Text with EEA relevance.)
OJ C 428, 27.11.2018, pp. 3–4
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
|
27.11.2018 |
EN |
Official Journal of the European Union |
C 428/3 |
Prior notification of a concentration
(Case M.9177 — Sumitomo/Metal One/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2018/C 428/03)
1.
On 19 November 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).This notification concerns the following undertakings:
|
— |
Sumitomo (Japan), |
|
— |
Metal One (Japan), controlled by the Mitsubishi Corporation (Japan), |
|
— |
Metal One Pipe & Tubular Products Inc. (Japan). |
Sumitomo and Metal One acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Metal One Pipe & Tubular Products Inc. Metal One Pipe & Tubular Products Inc. is previously solely-controlled by Metal One.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are:— Sumitomo: an integrated trading and investment company which is active in various sectors such as (i) metal products; (ii) transportation and construction systems; (iii) infrastructure; (iv) media and digital related products; (v) living related and real estate; and (vi) mineral resources, energy, chemicals and electronics,
— Metal One: an integrated steel trading company which supplies various steel products in Japan and internationally,
— Metal One Pipe & Tubular Products Inc.: wholesale steel pipe and piping equipment distribution.
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.Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
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. The following reference should always be specified:
M.9177 — Sumitomo/Metal One/JV
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
|
Email: COMP-MERGER-REGISTRY@ec.europa.eu |
|
Fax +32 22964301 |
|
Postal 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’).