EUROPEAN COMMISSION

DG Competition

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 22/09/2023

In electronic form on the EUR-Lex website under document number 32023M11267

EUROPEAN COMMISSION

Brussels, 22.9.2023 C(2023) 6514 final

PUBLIC VERSION

Samvardhana Motherson Automotive Systems Group B.V. Am Germanenring 3 D-63486 Bruchköbel Germany

Dear Sir or Madam,

1.1. On 31 August 2023, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, by which Samvardhana Motherson Automotive Systems Group B.V. (‘SMRP’, Netherlands), wholly owned by Samvardhana Motherson International Limited (‘Motherson Group’, India), will acquire within the meaning of Article 3(1)(b) sole control over the automotive business of Dr. Schneider Holding GmbH (Germany), the ultimate parent company of the Dr. Schneider Group, by way of purchase of shares and assets.

2. The business activities of the undertakings concerned are the following:

-− Motherson Group is a global producer and supplier of automotive components,

-− Dr. Schneider Group’s automotive business supplies interior components and systems mainly used in passenger vehicles.

2.3. 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(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

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 323, 13.9.2023, p. 12.

4OJ C 366, 14.12.2013, p. 5.

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

4. 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) Olivier GUERSENT Director-General

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