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CMA CGM / CIMC NEOCONTAINER / JV

M.9594

CMA CGM / CIMC NEOCONTAINER / JV
January 29, 2020
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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 7 January 2020, CMA CGM S.A. (“CMA CGM”), a French company headquartered in Marseille (France), and China International Marine Containers Neocontainer Logistics Limited (“CIMC Neocontainer”), headquartered in Shanghai (China) and ultimately controlled by China International Marine Containers (Group) Ltd. (“CIMC Group”), a Chinese company headquartered in Shenzhen, notified to the Commission a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004, by which they intend to acquire the joint-control, within the meaning of Article 3(1)(b) of the Council Regulation, of a full-function joint venture, within the meaning of Article 3(4) of the Council Regulation, and newly created for the provision of container yard related services in Tianjin port (“Tianjin JV”).

-- CMA CGM is a player in container liner shipping activities and port terminal services. CMA CGM is also active, through its wholly owned subsidiary CEVA Logistics, on the market for freight forwarding and contract logistics services and provide a limited range of ancillary supply chain management services, through its wholly owned subsidiary CMA CGM Inland Services;

-- CIMC Neocontainer is a logistics company owned by CIMC Group, a comprehensive logistics service provider for logistics services and equipment operation services;

-- Tianjin JV will notably provide services in container storage management, container handling and container repair exclusively in Tianjin port (China).

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.

EUC

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