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Document 52021M10157

    Prior notification of a concentration (Case M.10157 — Aurubis/TSR Recycling/JV) (Text with EEA relevance) 2021/C 93/05

    PUB/2021/212

    OJ C 93, 19.3.2021, p. 36–37 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    19.3.2021   

    EN

    Official Journal of the European Union

    C 93/36

    Prior notification of a concentration

    (Case M.10157 — Aurubis/TSR Recycling/JV)

    (Text with EEA relevance)

    (2021/C 93/05)

    1.   

    On 12 March 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:

    —

    Aurubis AG, (‘Aurubis’, Germany),

    —

    TSR Recycling GmbH & Co. KG (‘TSR’, Germany), belonging to Remondis SE & Co. KG (Germany), ultimately controlled by Rethmann SE & Co. KG (Germany),

    —

    A newly incorporated joint venture (‘the JV’, Germany).

    Aurubis and TSR 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:

    —

    Aurubis is a vertically integrated worldwide provider of non-ferrous metals and one of the main copper producers in Europe. The core business of Aurubis is the production of copper cathodes from copper concentrates and copper scrap. Furthermore, Aurubis processes copper cathodes into wire rods and shapes,

    —

    TSR is active in trading and processing secondary raw material (mainly scrap) for steel producers and the foundry industry. TSR collects, stores and processes metal, including ferrous and non-ferrous metal scrap, and to a limited extent electronic scrap. Moreover, TSR offers waste disposal services and environmental services,

    —

    The JV is intended to be active in cable scrap recycling.

    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.10157 — Aurubis/TSR Recycling/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’).

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