20.6.2014   

EN

Official Journal of the European Union

C 188/17

1.

On 13 June 2014 the European Commission received a notification of a proposed concentration according to Article 4 Council Regulation (EC) No 139/2004 (1) by which the undertakings Cargill, Incorporated (‘Cargill’, USA) and Copersucar S.A. (‘Copersucar’, Brazil) intend to acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a newly created company constituting a joint venture (‘JV’, Spain).

2.

The business activities of the undertakings concerned are:

—   Cargill: is a privately held company active in the international production and marketing of food, and agricultural and risk management products and services,

—   Copersucar: is a privately held company, with its capital held by 24 production groups, which are active in sugar and ethanol production in Brazil,

—   JV: will combine Cargill’s and Copersucar’s global sugar trading businesses, it will be active in the trading of financial derivatives relating to sugar and physical sugar trading.

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. Observations can be sent to the Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7242 — Cargill/Copersucar/JV, to the following address: