1.7.2017   

EN

Official Journal of the European Union

C 212/23

1.

On 23 June 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Europe Terminal NV (‘ET’, Switzerland) a wholly-owned subsidiary of Terminal Investment Limited Sàrl (‘TIL’, Switzerland) and Kranji (Netherlands) Investments BV (‘Kranji’, Netherlands) a holding company controlled by PSA International Pte Ltd (‘PSA’, Singapore) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over PSA DGD NV (‘PSA DGD’, Belgium) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

—   for PSA: PSA is an operator of shipping terminals. It is mainly active in the provision of stevedoring services at ports, with a particular focus on providing terminal services for containerised liner ships,

—   for TIL: TIL is a terminal operating company indirectly jointly controlled by MSC Mediterranean Shipping Company Holding SA and certain financial investment vehicles managed by Global Infrastructure Management, LLC. TIL invests in, develops and manages container terminals around the world, often in joint ventures with other major terminal operators,

—   for PSA DGD: PSA DGD operates a container terminal in the Deurganck dock in the Port of Antwerp. It is a pre-existing company currently solely controlled by Kranji.

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.8459 — TIL/PSA/PSA DGD, to the following address: