16.12.2020   

EN

Official Journal of the European Union

C 435/3


Prior notification of a concentration

(Case M.10037 — Mitsui/Veolia/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 435/03)

1.   

On 8 December 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:

Mitsui & Co., Ltd (‘Mitsui’, Japan),

Veolia Japan K.K. (‘Veolia’, Japan), controlled by Veolia Environnement (France)

Mitsui and Veolia acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created company constituting a joint venture, namely Circular PET Co., Ltd (‘Circular PET’, Japan).

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings concerned are:

Mitsui is a trading, business management and project development company, headquartered in Tokyo, Japan. Mitsui operates worldwide and is active in various sectors, including: (i) iron & steel products; (ii) mineral & metal resources; (iii) infrastructure projects; (iv) mobility; (v) basic chemicals; (vi) performance chemicals; (vii) energy; (viii) food resources; (ix) consumer services; and (x) IT & communication / corporate development,

Veolia is active in environmental management services. It designs and provides water, waste and energy management solutions. Veolia is a wholly owned subsidiary of Veolia Environnement, which is listed on the Paris stock exchange and operates worldwide. Veolia Environnement is headquartered in Paris, France,

Circular PET will be active in the manufacture of recycled polyethylene terephthalate using waste polyethylene terephthalate bottles in Japan.

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 procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (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.10037 — Mitsui/Veolia/JV

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:

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 366, 14.12.2013, p. 5.