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Document 52021M10379
Prior notification of a concentration (Case M.10379 — HDT Automotive Solutions/Veritas) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 392/05
Prior notification of a concentration (Case M.10379 — HDT Automotive Solutions/Veritas) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 392/05
Prior notification of a concentration (Case M.10379 — HDT Automotive Solutions/Veritas) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 392/05
PUB/2021/749
IO C 392, 28.9.2021, p. 6–7
(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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28.9.2021 |
EN |
Official Journal of the European Union |
C 392/6 |
Prior notification of a concentration
(Case M.10379 — HDT Automotive Solutions/Veritas)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 392/05)
1.
On 17 September 2021, 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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HDT Automotive Solutions LLC (‘HDT’, USA), controlled by ARDIAN Holding S.A.S. (‘ARDIAN’, France), |
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‘Veritas Group’, comprised of Veritas Aktiengesellschaft, Veritas Sachsen GmbH, Veritas Thüringen GmbH, (all from Germany, together ‘Veritas Germany’), and Veritas Austria GmbH (Austria), Veritas Dunakiliti Kft. (Hungary), Veritas Automotive d.o.o. (Bosnia and Herzegovina), Veritas Otomotiv Sanayi Ltd. Sti. (Turkey), Veritas Automotive Systems (Kunshan) Co., Ltd., (China), Automotive Veritas de México S.A. de C.V., (Mexico), Veritas Servicios S.A. de C.V., (Mexico) (together ‘Veritas International Subsidiaries’). |
HDT acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Veritas Group.
The concentration is accomplished by way of purchase of assets and shares.
2.
The business activities of the undertakings concerned are:|
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for HDT: Manufacture and supply of valve body devices, precision tubula assemblies and die casting products for the automotive industry to OEMs and Tier 1 suppliers, |
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for Veritas Group: Supply of fluid technology, including fuel systems, emission systems, air cooling and fluid cooling; and polymer based components, including sealing & damping or other polymer solutions, to OEMs. |
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.10379 — HDT Automotive Solutions/Veritas
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:
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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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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).