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: 22/12/2020

In electronic form on the EUR-Lex website under document number 32020M9983

EUROPEAN COMMISSION

Brussels, 22.12.2020 C(2020) 9605 final

PUBLIC VERSION

To the notifying party

Dear Sir or Madam,

1.1. On 30 November 2020, the European Commission received notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of the Merger Regulation by which Magna Powertrain GmbH (Austria) intends to acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control over the GFT Bordeaux Production Plant (the “GFT Bordeaux”, France), belonging to GETRAG FORD Transmissions GmbH (“GFT”, Germany), which is jointly controlled by Magna International Inc. (“MAGNA”, Canada) and Ford Motor Company ("FORD", USA), by way of purchase of assets.

2. The business activities of the undertakings concerned are:

-− MAGNA is a global automotive supplier, which designs, develops, manufactures and supplies automotive systems, assemblies, modules and components primarily for original equipment manufacturers of passenger cars and light commercial vehicles,

-− The GFT Bordeaux Plant is a manufacturing plant for manual transmissions located in Bordeaux, France, and currently operated by GFT.

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 424, 8.12.2020, p. 37.

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.

4.3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraphs 5(d) and 21(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

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

4OJ C 366, 14.12.2013, p. 5.

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