4.3.2017   

EN

Official Journal of the European Union

C 69/15

1.

On 24 February 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Rolls-Royce Holdings plc (‘Rolls-Royce’, United Kingdom) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Industria de Turbo Propulsores SA (‘ITP’, Spain) by way of a purchase of shares.

2.

The business activities of the undertakings concerned are:

—   for Rolls-Royce: development and manufacture of aircraft engines and power systems for civil aerospace, defence aerospace, marine and energy applications,

—   for ITP: design and manufacture of aircraft engine components.

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.

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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8242 — Rolls-Royce/ITP, to the following address: