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MAX MARA / MITSUI / MCJ
M.10639
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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
The proposed transaction entails the acquisition of joint control by Mitsui & Co. Ltd over Max & Co. Japan Co., Ltd, at present under the sole control of Max Mara Fashion Group S.r.l.. More specifically, Max & Co. Japan’s business will be merged by incorporation into Max Mara Japan, Ltd., a company currently controlled jointly by Mitsui, International Trading Finance S.a.r.l. and Max & Co. Japan itself. Max Mara Fashion Group is an Italian group of companies that manufactures and sells prét-a-porter apparel and accessories at worldwide level. The group owns several brands including Max Mara, Max & Co., Sportmax, Weekend Max Mara, Pennyblack, Marina Rinaldi, Persona, Marella, Emme Marella, iBlues and Intrend.
Max & Co. Japan is a Japanese subsidiary of Max Mara Fashion Group, active in the retail sale of Max & Co and Marina Rinaldi branded products in Japan. Max Mara Japan is a joint venture company between Mitsui, IFT and MMFG active in the retail sale of Max Mara and Weekend Max Mara branded products in Japan.
International Fashion Trading is a Luxemburg-based company ultimately part of the Max Mara Group. The company acts as a trader of Max Mara Fashion Group’s apparel into, among others, the Japanese market.
Mitsui is a trading, business management and project development company, headquartered in Tokyo, Japan. Mitsui operates worldwide and is active in various sectors, including in the production, distribution and retail activities of apparel.
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.