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MC / FRANZ HANIEL / ELG
M.9247
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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
1.1. The transaction concerns the proposed acquisition by Mitsubishi Corporation (MC) and ELG Haniel GmbH (ELG), a subsidiary of Franz Haniel & Cie. GmbH, of joint control of ELG Carbon Fibre Limited (ECF), currently wholly owned by ELG, by way of purchase of shares.
2.2. MC. MC is a global integrated trading company that develops and operates businesses across a variety of industries, including environment and infrastructure, manufacturing, finance, energy, metals, machinery, chemicals, and food. More detailed information on MC may be found at https://www.mitsubishicorp.com.
3.3. ELG. ELG is active in the trading, processing and recycling of raw materials for the stainless steel industry as well as high-performance materials such as carbon fibre. More detailed information on ELG can be found at http://www.elg.de/en/about-elg.html.
4.4. ECF. ECF is engaged in recycling carbon fibre from manufacturing waste and end-of-life composite components and in manufacturing recycled carbon fibre products. More information on ECF may be found at http://www.elgcf.com/about/what-we-do.
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.
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.