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MAGNETI MARELLI / CONCORDIA
M.4536
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Case No COMP/M.4536 - MAGNETI MARELLI / CONCORDIA
Only the English text is available and authentic.
REGULATION (EC) No 139/2004 MERGER PROCEDURE
Article 6(1)(b) NON-OPPOSITION Date: 25/04/2007
In electronic form on the EUR-Lex website under document number 32007M4536
Office for Official Publications of the European Communities L-2985 Luxembourg
COMMISSION OF THE EUROPEAN COMMUNITIES
Brussels, 25/04/2007
SG-Greffe(2007) D/202527
PUBLIC VERSION
SIMPLIFIED PROCEDURE
MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
To the notifying party
Dear Madam(s) and/or Sir(s),
1.On 16/03/2007, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the undertaking Magneti Marelli Holding S.p.A. ("Magneti Marelli", Italy) belonging to the Fiat group, acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Concordia Finance S.A. ("Concordia", Luxembourg) by way of purchase of shares.
The business activities of the undertakings concerned are:
-- for Magneti Marelli: production of high-tech components and systems for the automotive industry;
1OJ L 24, 29.1.2004 p. 1
Commission europÈenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.
- for Concordia: distribution of spare parts in the independent aftermarket segment of the automotive market.
2.After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph 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 Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No. 139/2004.
For the Commission signed Philip LOWE Director General
2OJ C 56, 05.3.2005 p.32
2