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Document 52024M11152

Prior notification of a concentration (Case M.11152 – TERNA / MAURO MIGLIAZZI / DXT / WESII) – Candidate case for simplified procedure

PUB/2023/761

OJ C, C/2024/828, 15.1.2024, ELI: http://data.europa.eu/eli/C/2024/828/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

ELI: http://data.europa.eu/eli/C/2024/828/oj

European flag

Official Journal
of the European Union

EN

Series C

C/2024/828

15.1.2024

Prior notification of a concentration

(Case M.11152 – TERNA / MAURO MIGLIAZZI / DXT / WESII)

Candidate case for simplified procedure

(Text with EEA relevance)

(C/2024/828)

1.   

On 4 January 2024, 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:

—

Terna Rete Elettrica Nazionale S.p.A. (‘TERNA’, Italy), controlled by Cassa Depositi e Prestiti S.p.A., through its subsidiary Terna Forward S.r.l.,

—

DxT Commodities S.A. (‘DxT’, Switzerland), controlled by Duferco Participations Holding S.A.,

—

Mr. Mauro Migliazzi,

—

Wesii S.r.l. (‘Wesii’, Italy), jointly controlled by DxT Commodities S.A. and Mr. Mauro Migliazzi.

TERNA, DxT and Mr. Migliazzi will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Wesii.

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings concerned are the following:

—

TERNA is active in electricity transmission and dispatching and other activities in the energy sector,

—

DxT is active in the trading of commodities,

—

Mr. Mauro Migliazzi is a natural person and the founder of Wesii,

—

Wesii is active in multispectral inspection services (by means of remote sensing technologies using unmanned aerial vehicles and artificial intelligence) to clients active in the photovoltaic sector.

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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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.11152 – TERNA / MAURO MIGLIAZZI / DXT / WESII

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

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’).

(2)   OJ C 160, 5.5.2023, p. 1.

ELI: http://data.europa.eu/eli/C/2024/828/oj

ISSN 1977-091X (electronic edition)

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