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.

M.10984 - MESSER / TOYOTA TSUSHO EUROPE / JV

SECTION 1.2

Description of the concentration

The European Commission received notification of a proposed concentration pursuant to Article 3(1)(b) and (4) of the EU Merger Regulation No 139/2004 by which Messer SE & Co. KGaA (Germany)(“Messer”) and Toyota Tsusho Europe SA (Belgium)(“Toyota Tsusho Europe”), a subsidiary of Toyota Tsusho Corporation (Japan), acquire joint control of a newly established full-function joint venture (“the JV”)(Germany).

Messer is a producer of industrial gases, speciality gases, medical gases and gas mixtures.

Toyota Tsusho Europe is a wholly owned subsidiary of Toyota Tsusho Corporation, a trading company operating globally in the metals, parts and logistics, automotive, machinery, energy and projects, chemicals and electronics, and food and consumer services sectors.

The new JV will offer a one-stop-shop service to fleet operators, which will comprise the provision of hydrogen mobility vehicles (e.g. fuel-cell buses), maintenance and fleet management services as well as an on-site production and supply of green hydrogen. The new JV will mainly focus on projects in Europe.

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