12.1.2017   

EN

Official Journal of the European Union

C 9/41

1.

On 3 January 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Emerson Electric Company (‘Emerson’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the valves and controls business of Pentair plc (‘Pentair’, UK) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

—   Emerson: development and supply of technology and engineering products in the Process Management, Industrial Automation, Network Power, Climate Technologies and Commercial & Residential solutions businesses. Emerson is a manufacturer of valves, controls, instrumentation and automation products in a broad range of industrial sectors. Emerson is active globally,

—   for Pentair valves and controls business: design, manufacture, distribution marketing and servicing of valves, actuators, instrumentation and automation in industrial and energy projects worldwide.

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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8207 — Emerson Electric/Pentair valves and controls business to the following address: