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EUROPEAN COMMISSION DG Competition

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REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 16/12/2015

In electronic form on the EUR-Lex website under document number 32015M7797

EUROPEAN COMMISSION

Brussels, 16.12.2015 C(2015) 9615 final

PUBLIC VERSION

SIMPLIFIED MERGER PROCEDURE

To the notifying parties:

Dear Sirs,

1.On 12 November 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Compagnie Générale des Établissements Michelin ("Michelin"), through its wholly owned subsidiary Spika SAS (France) and Fives SA ("Fives", France) acquire within the meaning of Article 3(4) of the Merger Regulation joint control of Fives Michelin Additive Solutions SAS (France) by way of purchase of shares in a newly created company constituting a joint venture.

1OJ 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.

2OJ L 1, 3.1.1994, p. 3 ("the EEA Agreement").

3Publication in the Official Journal of the European Union No C 384, 18.11.2015, 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.

The business activities of the undertakings concerned are:

- for Michelin: manufacture and distribution of tires for automotive and other industries;

- for Fives: design and manufacture of industrial machines, process equipment and production lines;

- for Fives Michelin Additive Solutions SAS: development, manufacture, and sale of additive manufacturing machines and parts, as well as provision of related services.

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.

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

4OJ C 366, 14.12.2013, p. 5.

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