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27.10.2022 |
EN |
Official Journal of the European Union |
C 412/14 |
Prior notification of a concentration
(Case M.10953 – ADD / TOTALENERGIES / TOTAL EGYPT)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 412/11)
1.
On 19 October 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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Abu Dhabi National Oil Company for Distribution PJSC (‘ADD’, United Arab Emirates), owned by Abu Dhabi National Oil Company PJSC (‘ADNOC’), |
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TotalEnergies Marketing Afrique SAS (‘TotalEnergies’, France), a wholly-owned subsidiary of TotalEnergies S.E., |
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TotalEnergies Marketing Egypt LLC (‘Total Egypt’, Egypt), a subsidiary of TotalEnergies. |
ADD and TotalEnergies will acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of Total Egypt.
The concentration is accomplished by way of purchase of quotas (2).
2.
The business activities of the undertakings concerned are the following:|
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ADD markets and distributes petroleum products across a diverse range of business sectors, |
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TotalEnergies is active in the research, industry and trade of hydrocarbons and their derivatives in all their forms and, more generally, similar activities in the field of energy throughout the world and particularly on the African continent. |
3.
Total Egypt is active in fuel retail, non-fuel retail (food retail and car wash services), lubricants, aviation fuel, and bulk fuel distribution in Egypt.
4.
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 (3) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
5.
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.10953 – ADD / TOTALENERGIES / TOTAL EGYPT
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’).
(2) TotalEnergies is owned via quotas, as opposed to shares and, as a result, the proposed acquisition entails the acquisition of quotas, rather than shares.