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Document 52025M11771
Prior notification of a concentration (Case M.11771 – ADNOC / COVESTRO)
Prior notification of a concentration (Case M.11771 – ADNOC / COVESTRO)
Prior notification of a concentration (Case M.11771 – ADNOC / COVESTRO)
PUB/2025/385
OJ C, C/2025/2163, 9.4.2025, ELI: http://data.europa.eu/eli/C/2025/2163/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)
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Official Journal |
EN C series |
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C/2025/2163 |
9.4.2025 |
Prior notification of a concentration
(Case M.11771 – ADNOC / COVESTRO)
(Text with EEA relevance)
(C/2025/2163)
1.
On 31 March 2025, 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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ADNOC International Germany Holding AG (Germany), controlled by Abu Dhabi National Oil Company P.J.S.C. (‘ADNOC’, United Arab Emirates), |
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Covestro AG (‘Covestro’, Germany). |
ADNOC will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Covestro.
The concentration is accomplished by way of public bid announced on 1 october 2024.
2.
The business activities of the undertakings concerned are the following:|
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ADNOC is an energy and petrochemicals group operating across the entire hydrocarbon value chain through a network of fully integrated businesses. ADNOC is principally active in the exploration, production, storage, refining, and distribution of oil and gas, as well as in the development of petrochemical products. ADNOC is ultimately owned by the Government of the Emirate of Abu Dhabi, |
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Covestro is a chemical producer focusing on the supply of high-performance polymer materials and solutions. |
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.11771 – ADNOC / COVESTRO
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:
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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’).
ELI: http://data.europa.eu/eli/C/2025/2163/oj
ISSN 1977-091X (electronic edition)