- Query in any language with multilingual search
- Access EUR-Lex and EU Commission case law
- See relevant paragraphs highlighted instantly
Similar Documents
Explore similar documents to your case.We Found Similar Cases for You
HARTREE / CATL / CFC / JV
M.10742
With us you find everything. Try it now!
I imagine what I want to write in my case, I write it in the search engine and I get exactly what I wanted. Thank you!
Valentina R., lawyer
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 28/6/2022, the Commission received notification of a proposed concentration pursuant to which Hartree Partners Singapore Pte. Limited (Hartree), Cathay Fortune Corporation (CFC), and Contemporary Amperex Technology Co. Limited (CATL) will establish a Joint Venture, within the meaning of Article 3 (4) of Council Regulation (EC) No 139/2004 of 20 January 2004.
Hartree is a wholly-owned subsidiary of Hartree Partners, LP, a global commodities merchant firm specializing in energy, commodities and financial markets, including energy, metals, renewable energy, securities, and others.
CATL is a publicly listed company on the Shenzhen Stok Exchange ChiNext Board in China. CATL is a batteries manufacturer which focuses on developing, producing and marketing large-sized re-chargeable power lithium-ion batteries used for new energy vehicles and other vehicles. In addition, CATL is active in the production of Lithium-ion batteries for energy storage systems.
CFC is mainly engaged in equity investment in new energy and new materials worldwide.
The Joint Venture will enable the Parties to enter the energy storage station industry and combine their technological knowledge and capital in order to obtain a good return on investment. The Joint Venture intends to engage in the development and operation of energy storage power stations in various countries across the globe.
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.