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23.11.2020 |
EN |
Official Journal of the European Union |
C 398/15 |
Prior notification of a concentration
(Case M.9936 — Imabari Shipbuilding/JFE/IHI/Japan Marine United Corporation)
(Text with EEA relevance)
(2020/C 398/13)
1.
On 11 November 2020, 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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Imabari Shipbuilding Co., Ltd. (‘Imabari Shipbuilding’, Japan), |
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Japan Marine United Corporation (‘JMU’, Japan), jointly controlled by JFE Holdings, Inc. (‘JFE’, Japan) and IHI Corporation (‘IHI’, Japan). |
Imabari Shipbuilding acquires within the meaning of Article 3(1)(b) of the Merger Regulation joint control of JMU.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are:|
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for Imabari Shipbuilding: development, design, construction, marketing, and repair of a wide range of commercial vessels, including bulk carriers, container ships, car carriers, LNG carriers, tankers and ferries; |
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for JMU: development, design, construction, production and marketing of a wide range of commercial and military vessels, including bulk carriers, container ships, car carriers, LNG carriers, tankers, ferries and offshore support ships; |
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for JFE: holding company with interests in steel, engineering and the trading of raw materials, machinery, electronics, real estate and food; and |
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for IHI: heavy-industry manufacturer with activities in (i) resources, energy and environment, (ii) social infrastructure and offshore facilities, (iii) industrial systems and general-purpose machinery, and (iv) aero engine, space and defense. |
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.9936 — Imabari Shipbuilding/JFE/IHI/Japan Marine United Corporation
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’).