EUR-Lex & EU Commission AI-Powered Semantic Search Engine
Modern Legal
  • Query in any language with multilingual search
  • Access EUR-Lex and EU Commission case law
  • See relevant paragraphs highlighted instantly
Start free trial

Similar Documents

Explore similar documents to your case.

We Found Similar Cases for You

Sign up for free to view them and see the most relevant paragraphs highlighted.

MACQUARIE / JERA POWER INTERNATIONAL / ORSTED INVESTCO / SWANCOR / FORMOSA I WIND POWER

M.9268

MACQUARIE / JERA POWER INTERNATIONAL / ORSTED INVESTCO / SWANCOR / FORMOSA I WIND POWERMACQUARIE / JERA POWER INTERNATIONAL / ORSTED INVESTCO / SWANCOR / FORMOSA I
January 31, 2019
With Google you find a lot.
With us you find everything. Try it now!

I imagine what I want to write in my case, I write it in the search engine and I get exactly what I wanted. Thank you!

Valentina R., lawyer

EUROPEAN COMMISSION DG Competition

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 01/02/2019

In electronic form on the EUR-Lex website under document number 32019M9268

EUROPEAN COMMISSION

Brussels, 1.2.2019 C(2019) 884 final

PUBLIC VERSION

To the notifying parties

Dear Sir or Madam,

1.1. On 9 January 2019, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertakings Macquarie Corporate Holdings Pty Limited (“Macquarie”, Australia), Ørsted InvestCo Ltd. (“Ørsted”, Denmark), Swancor Ind. Co. Ltd. (“Swancor”, Taiwan), and JERA Power International B.V. (“JERA”, Japan) acquire within the meaning of Article 3(1)(b) and of Article 3(4) of the Merger Regulation joint control over the whole of the undertaking Formosa I International Investment Co., Ltd. (“Formosa I”, Taiwan), which controls Formosa I Wind Power Co., Ltd., by way of purchase of shares.

2. The business activities of the undertakings concerned are:

- Macquarie is involved in a diverse range of businesses, including investing in a wide range of sectors including resources and commodities, energy, financial institutions, infrastructure and real estate.

- Ørsted is engaged in the development, construction and operation of offshore wind farms, bioenergy plants and innovative waste-to-energy solutions, and the provision of smart energy products to its customers. It also procures, produces, distributes and trades energy and related products in Northern Europe.

- Swancor is a producer and distributor of specialty chemical materials, including anticorrosion resins for use in tanks and pipelines in various industries, chimneys for

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 OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').

3 Publication in the Official Journal of the European Union No C 21, 17.1.2019, p. 8.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

power plants, yachts and swimming pools and epoxy system resins for wind turbine blades.

- JERA is active in upstream fuel investment, fuel procurement, trading and transport activities. It is also engaged in the development and operation of power generation plants.

- Formosa I is an offshore wind farm project being developed, constructed and operated near Miaoli, Taiwan.

3.3. 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.

4.4. 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 and Article 57 of the EEA Agreement.

For the Commission

(Signed)

Johannes LAITENBERGER Director-General

4 OJ C 366, 14.12.2013, p. 5.

2

EUC

AI-Powered Case Law Search

Query in any language with multilingual search
Access EUR-Lex and EU Commission case law
See relevant paragraphs highlighted instantly

Get Instant Answers to Your Legal Questions

Cancel your subscription anytime, no questions asked.Start 14-Day Free Trial

At Modern Legal, we’re building the world’s best search engine for legal professionals. Access EU and global case law with AI-powered precision, saving you time and delivering relevant insights instantly.

Contact Us

Tivolska cesta 48, 1000 Ljubljana, Slovenia