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Document 52021M10416
Prior notification of a concentration (Case M.10416 — Stellantis/FIH/JV) (Text with EEA relevance) 2021/C 393/11
Prior notification of a concentration (Case M.10416 — Stellantis/FIH/JV) (Text with EEA relevance) 2021/C 393/11
Prior notification of a concentration (Case M.10416 — Stellantis/FIH/JV) (Text with EEA relevance) 2021/C 393/11
PUB/2021/757
OJ C 393, 29.9.2021, p. 12-13
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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29.9.2021 |
EN |
Official Journal of the European Union |
C 393/12 |
Prior notification of a concentration
(Case M.10416 — Stellantis/FIH/JV)
(Text with EEA relevance)
(2021/C 393/11)
1.
On 20 September 2021, 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:
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Stellantis N.V. (‘Stellantis’, the Netherlands), |
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FIH Mobile Limited (‘FIH’, Cayman Islands), controlled by Hon Hai Precision Industry Co. Ltd. (Taiwan), |
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Mobile Drive Netherlands B.V. (the ‘JV’, the Netherlands), a newly created joint venture. |
Stellantis and FIH acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the JV.
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.
2.
The business activities of the undertakings concerned are:|
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for Stellantis: a global automotive group active in designing, engineering, manufacturing, distributing and selling automotive vehicles, components and production systems worldwide, |
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for FIH: an investment holding company principally active globally in design, development, manufacturing, assembly and after-sales services for computer, communications and consumers electronics companies, |
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for the JV: it will develop digital cockpits and personalised connected services and aims to accelerate go-to-market timelines for advanced in-car and connected-car technologies. |
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. The following reference should always be specified:
M.10416 — Stellantis/FIH/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:
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European Commission |
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Directorate-General for Competition |
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Merger Registry |
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1049 Bruxelles/Brussel |
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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).