32012M6647

|EUROPEAN COMMISSION |

Brussels, 6.8.2012

C(2012) 5700

MERGER PROCEDURE ARTICLE 6(1)(b) DECISION PUBLIC VERSION

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|To the notifying parties: |

Dear Madam(s) and/or Sir(s),

Subject: Case No COMP/M.6647 - MITSUBISHI CORPORATION/ MITSUBISHI ELECTRIC CORPORATION/ MITSUBISHI ELEVATOR (SINGAPORE) Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1]

1. On 5 July 2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which which the undertakings Mitsubishi Corporation ("MC", Japan) and Mitsubishi Electric Corporation ("MELCO", Japan) acquire within the meaning of the article 3(1)(b) of the Merger Regulation joint control of the whole of Mitsubishi Elevator Singapore Co. Ltd ("MESP", Singapore) by way of purchase of shares. [2]

2. The business activities of the undertakings concerned are:

- MC is a general trading company active in various industries including energy, metals, machinery, chemicals, food and general merchandise,

- MELCO is active in in the manufacture and sale of electric and electronic equipment used in energy and electric systems, industrial automation, information and communication systems, electronic devices, and home appliances,

- MESP is a Singaporean registered company active in the supply, distribution, installation and maintenance of MELCO elevators and escalators in Singapore. Its activities are limited to Singapore.

3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3] .

4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation.

For the Commission (signed)

Alexander ITALIANER Director General

[1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision.

[2] Publication in the Official Journal of the European Union No C 204, 12.7.2012, p. 42.

[3] OJ C 56, 5.3.2005, p. 32.