Commission Decision of 01/08/2005 declaring a concentration to be compatible with the common market (Case No IV/M.3854 - IPIC / OMV / JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) | |Brussels, 01.08.2005 SG-Greffe(2005) D/ 204135 To the notifying parties Dear Madam(s) and/or Sir(s), Subject : Case No. COMP/M.3854 – IPIC/OMV/JV Notification of 24.06.2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C163 of 5.07.2005, page 5. 1. On 24.06.2005 , the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No.
139/2004 by which the undertakings International Petroleum Investment Company (“IPIC”, Abu Dhabi, United Arab Emirates) and OMV Aktiengesellschaft (“OMV”, Austria) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking AMI Agrolinz Melamine International GmbH (“AMI”, Austria), currently solely controlled by OMV, by way of purchase of shares. 2. The business activities of the undertakings concerned are: - for undertaking IPIC: investments in energy-related companies outside the United Arab Emirates. - for undertaking OMV: exploration, production, refining and distribution of mineral oil products. - for undertaking AMI: production of chemicals, in particular melamine, fertilizers and wood additives.
3. 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 b, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004[2]. 4. 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 Neelie KROES Member of the Commission [1] OJ L 24, 29.1.2004 p. 1 [2] OJ C 56, 05.3.2005 p.32 MERGER PROCEDURE ARTICLE 6(1)(b) DECISION SIMPLIFIED PROCEDURE PUBLIC VERSION