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Document C2014/407/09
Prior notification of a concentration (Case M.7400 — Federal-Mogul Corporation/TRW Engine Components) Text with EEA relevance
Prior notification of a concentration (Case M.7400 — Federal-Mogul Corporation/TRW Engine Components) Text with EEA relevance
Prior notification of a concentration (Case M.7400 — Federal-Mogul Corporation/TRW Engine Components) Text with EEA relevance
IO C 407, 15.11.2014, p. 16–16
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
15.11.2014 |
EN |
Official Journal of the European Union |
C 407/16 |
Prior notification of a concentration
(Case M.7400 — Federal-Mogul Corporation/TRW Engine Components)
(Text with EEA relevance)
2014/C 407/09
1. |
On 10 November 2014, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Federal-Mogul Corporation (‘FDML’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over the engine valve components business of TRW Automotive Inc. (‘TEC’, USA), by way of purchase of shares and assets. |
2. |
The business activities of the undertakings concerned are: — for FDML: it is an international company which develops, manufactures and sells engine, transmission and driveline components as well as brake friction materials, chassis, sealing and wiper products for automotive, rail and other applications. FDML also distributes, markets and sells brake fluids and hardware (e.g. discs), chassis, sealing and engine components as well as ancillary equipment, — for TEC: it is active at worldwide level in the engine components business relating to the designing, developing, simulation, testing, manufacturing and selling of engine valves, valve train components, valve rotators, retainers, tappets and rocker arm assemblies, in each case for the automotive industry or heavy-duty engine applications. |
3. |
On preliminary examination, the European Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. |
4. |
The European Commission invites interested third parties to submit their possible observations on the proposed operation to the European Commission. Observations must reach the European Commission not later than 10 days following the date of this publication. Observations can be sent to the European Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7400 — Federal-Mogul Corporation/TRW Engine Components, to the following address:
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(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).