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Document 52022M10589
Prior notification of a concentration (Case M.10589 – ADT / FORD NEXT / SNTNL) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 68/07
Prior notification of a concentration (Case M.10589 – ADT / FORD NEXT / SNTNL) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 68/07
Prior notification of a concentration (Case M.10589 – ADT / FORD NEXT / SNTNL) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 68/07
PUB/2022/97
OJ C 68, 9.2.2022, p. 12–13
(BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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9.2.2022 |
EN |
Official Journal of the European Union |
C 68/12 |
Prior notification of a concentration
(Case M.10589 – ADT / FORD NEXT / SNTNL)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 68/07)
1.
On 2 February 2022, 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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ADT LLC (‘ADT’, United States), ultimately controlled by the Apollo Group (United States), |
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Ford Next LLC (‘Ford Next’, United States), belonging to the Ford Group (United States), |
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SNTNL LLC (‘SNTNL’, United States), controlled by Ford Next. |
ADT and Ford Next will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of SNTNL.
The concentration is accomplished by way of purchase of securities in a newly created company constituting a joint venture.
2.
The business activities of the undertakings concerned:|
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ADT provides security, automation, smart home solutions and offers 24/7 professional monitoring services. |
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Ford Next houses the self-driving vehicle business operations of Ford Group, including its self-driving systems integration, autonomous vehicle research and advanced engineering, AV transportation-as-a-service network development, user experience, business strategy and business development teams. |
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SNTNL intends to develop, manufacture and sell connected, intelligent vehicle security systems and related services such as third-party monitoring. |
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 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.10589 – ADT / FORD NEXT / SNTNL
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’).