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NEVEON / BRANTNER ÖSTERREICH / JV

M.11666

NEVEON / BRANTNER ÖSTERREICH / JV
November 18, 2024
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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: 19/11/2024

In electronic form on the EUR-Lex website under document number 32024M11666

EUROPEAN COMMISSION

Brussels, 19.11.2024 C(2024) 8204 final

PUBLIC VERSION

NEVEON Holding GmbH Greinerstraße 70 4550 Kremsmünster, Austria

Brantner Österreich GmbH Dr. Franz Wilhelm-Straße 2a 3500 Krems an der Donau Austria

Dear Sir or Madam,

(1) On 25 October 2024, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, and following a referral pursuant to Article 4(5) of the Merger Regulation, by which the undertakings NEVEON Holding GmbH (“Neveon”, Austria) controlled by Greiner AG (Austria), and Brantner Österreich GmbH (“Brantner”, Austria) controlled by Brantner Gruppe GmbH (Austria), will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the greenfield joint venture “JV” by way of 3purchase of shares in a newly created company constituting a joint venture. ()

(2) The business activities of the undertakings concerned are the following:

– Neveon is a global supplier of plastic and foam solutions, active in numerous sectors such as food and non-food packaging, mattresses, acoustic solutions, analytic and laboratory/medical equipment, and in supplying components for industries (e.g., upholstered furniture, aviation and automotive), and

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() OJ C, C/2024/6735, 4.11.2024.

– Brantner Österreich is active in waste management (e.g., the collection, treatment and disposal of waste of all kinds), in logistic services and real estate activities.

(3) The business activities of the JV will be the setting up and operation of a recycling plant for the recycling of end-of-life mattresses in Austria

(4) 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(b) of the Commission Notice on a simplified treatment for certain 4concentrations under Council Regulation (EC) No 139/2004. ()

(5) For the reasons set out in the Notice on a simplified treatment, 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) Olivier GUERSENT Director-General

4() OJ C 160, 5.5.2023, p. 1 (the ‘Notice on a simplified treatment’).

2

EUC

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