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Document 52019M9484
Prior notification of a concentration (Case M.9484 — Semler/VWFS/JV) Candidate case for simplified procedure (Text with EEA relevance) 2019/C 352/19
Prior notification of a concentration (Case M.9484 — Semler/VWFS/JV) Candidate case for simplified procedure (Text with EEA relevance) 2019/C 352/19
Prior notification of a concentration (Case M.9484 — Semler/VWFS/JV) Candidate case for simplified procedure (Text with EEA relevance) 2019/C 352/19
PUB/2019/39
OJ C 352, 18.10.2019, p. 20–20
(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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18.10.2019 |
EN |
Official Journal of the European Union |
C 352/20 |
Prior notification of a concentration
(Case M.9484 — Semler/VWFS/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 352/19)
1.
On 9 October 2019, 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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Semler Gruppen A/S (‘Semler’, Denmark), |
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Volkswagen Financial Services AG (‘VWFS’, Germany) through its wholly owned subsidiary Volkswagen Finance Overseas BV (Netherlands), |
Semler and VWFS acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created company constituting a joint venture, namely Volkswagen Semler Finans Danmark A/S (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 Semler: the import and retail sale of vehicles in Denmark, |
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for VWFS: financial services mainly relating to the distribution of passenger cars and light commercial vehicles of the Volkswagen group, |
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for the JV: the provision of financing and leasing of vehicles to customers, dealer financing and related services in Denmark. |
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.9484 — Semler/VWFS/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’).