32016M8086

EUROPEAN COMMISSION

Brussels, 18.7.2016

C(2016) 4791 final

To the notifying parties:

Dear Sirs,

Subject:Case M.8086 - SUMITOMO / WW GRAINGER / PT SUMISHO E-COMMERCE INDONESIA JV
Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 1 and Article 57 of the Agreement on the European Economic Area 2

1.On 20 June 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertakings Sumitomo Corporation ("SC", Japan), PT Sumitomo Indonesia ("SSRI", Indonesia) controlled by Sumitomo Coroporation and Monotaro Co., Ltd ("Monotaro", Japan) controlled by W.W. Grainger, Inc. acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking PT Sumisho E-ecommerce Indonesia (the "JVC") by way of purchase of shares. 3

2.The business activities of the undertakings concerned are:

- for Sumitomo Corporation : SC is active in integrated trading and an investment company which provides a range of services and products in Japan and around the world. It is active in various sectors, such as the trading of metal products, transportation and construction of systems, environment and infrastructure, media, network and lifestyle related products, mineral resources, energy, chemicals and electronics.

-for PT Sumitomo Indonesia : SSRI is active in diversified business activities including the sale of a variety of products and services, import and export, trilateral trade, and domestic business investment.

-for Monotaro CO. : Monatoro is a marketer of maintenance, repair and operations supplies to small businesses and mid-size manufacturing companies across Asia through its online channel and product catalogues.

3.After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004. 4

4.For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

For the Commission
(signed)
Johannes LAITENBERGER
Director-General

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