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 17 January 2018, the Commission received notification of a proposed concentration pursuant to which Financière SNOP Dunois S.A. (“FSD”) will acquire 100% of the shares in Tower Automotive Holdings Europe B.V. (“Tower Europe”). This will result in FSD acquiring sole control of Tower Europe.

-FSD manufactures and sells metal parts for the automotive industry. FSD’s manufacturing processes include cutting, stamping, assembly, profiling and bending of metal parts. FSD also supplies tooling and (to a lesser degree) metal presses for the automotive industry.

-Tower Europe manufactures and sells engineered automotive structural metal components and assemblies for the automotive industry in Europe. Tower Europe manufactures and sells body-structure stampings, frame and other chassis structures and welded assemblies.

-The proposed concentration is notified pursuant to Article 3(1)(b) of Council Regulation (EC) No. 139/2004 on the control of concentrations between undertakings because the proposed concentration will lead to Tower Europe being solely controlled by FSD.

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.