Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

On 15 November 2022, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which CA Consumer Finance S.A. (“CACF”) (France), solely controlled by Crédit Agricole S.A. (“CASA”) (France), intends to acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of FCA Bank S.p.A. (“FCA Bank”) (Italy), which is currently jointly controlled by CACF and Stellantis N.V. (“Stellantis”) (the Netherlands), and by which CACF and Stellantis acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of the Free2MoveLease (“F2ML”) businesses, mainly active in the provision of B2B operational leasing services.

The business activities of the undertakings concerned are:

• FCA Bank: active in automotive financing in 16 EEA Member States, in Morocco, Switzerland and the United Kingdom;

• CACF: active in the consumer finance sector in France and several other European countries, as well as in China and Morocco;

• Stellantis: active in the design, engineering, manufacture, distribution and sale of automotive vehicles, components and production systems;

• F2ML: active in the provision of B2B operational leasing services in several EEA Member States.

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.