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Document 52018M9096
Prior notification of a concentration (Case M.9096 — Vallourec Tubes/Bpifrance Group/Vallourec Umbilicals) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9096 — Vallourec Tubes/Bpifrance Group/Vallourec Umbilicals) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9096 — Vallourec Tubes/Bpifrance Group/Vallourec Umbilicals) — Candidate case for simplified procedure (Text with EEA relevance.)
IO C 347, 28.9.2018, p. 24–24
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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28.9.2018 |
EN |
Official Journal of the European Union |
C 347/24 |
Prior notification of a concentration
(Case M.9096 — Vallourec Tubes/Bpifrance Group/Vallourec Umbilicals)
Candidate case for simplified procedure
(Text with EEA relevance)
(2018/C 347/12)
1.
On 20 September 2018, 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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Bpifrance Investissement (France), |
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Vallourec Tubes (France), |
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Vallourec Umbilicals (France), controlled by Vallourec Tubes. |
Bpifrance Investissement and Vallourec Tubes acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Vallourec Umbilicals.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are:— Bpifrance Investissement: investment fund that provides funds and makes direct investments in industrial projects,
— Vallourec Tubes: manufacture of seamless steel tubes and piping solutions for energy and industry markets,
— Vallourec Umbilicals: manufacture of stainless steel welded rolled tubes for umbilicals.
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 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 no later than 10 days following the date of this publication. The following reference should always be specified:
M.9096 — Vallourec Tubes/Bpifrance Group/Vallourec Umbilicals
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
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Email: COMP-MERGER-REGISTRY@ec.europa.eu |
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Fax +32 22964301 |
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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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BELQIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).