1.   

On 11 April 2024, the Commission received notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

—	AB Volvo (‘Volvo’, Sweden),

—	Westport Fuel Systems Inc. (‘Westport’, Canada).

Volvo and Westport will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over entities and assets solely controlled by Westport and which will be contributed to a newly created joint venture (‘Target’, Canada). The business activities of the Target are the development and sale of alternative fuel systems and components to the automotive industry, notably high-pressure direct injection fuel systems for the manufacture of cleaner internal combustion engine-powered trucks.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.   

The business activities of the undertakings concerned are the following:

—	AB Volvo is globally active in the manufacture and sale of trucks, buses, construction equipment, marine engines, industrial engines for off-road and power generation applications, and engines for on-highway vehicles,

—	Westport is active in the sale of commercial transport solutions and products to be used in trucks, buses, construction equipment, and drive systems for marine and industrial equipment. Notably, it supplies alternative fuel systems and components for automotive applications.

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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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.11387 – VOLVO / WESTPORT / JV

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:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË