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In electronic form on the EUR-Lex website under document number 32011M6142
Office for Publications of the European Union L-2985 Luxembourg
To the notifying party
Dear Madam(s) and/or Sir(s),
1.On 18 February 2011 the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking AVIC Automobile Industry Co., Ltd. ("AVIC Auto", China), a wholly-owned subsidiary of Aviation Industry Corporation of China ("AVIC"), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Pacific Century Motors Co., Ltd., ("PCM", China) by way of purchase of shares.
The business activities of the undertakings concerned are:
-- for undertaking AVIC Auto: design, manufacture and sale of automotive components.
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.
Commission européenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.
-- for undertaking PCM: design, manufacture and sale of steering products and half-shaft components for automotive vehicles.
2.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 (c) 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.
For the Commission
(signed) Alexander ITALIANER Director General
2OJ C 56, 5.3.2005, p. 32.
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