Commission Decision of 22/03/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6505 - STE / UTC / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic) |EUROPEAN COMMISSION | Brussels , 22.3.2012 C(2012)2062 PUBLIC VERSION SIMPLIFIED MERGER PROCEDURE |To the notifying parties: | | | Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6505 - STE / UTC / JV Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 21.02.2012 the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking Vision Technologies Aerospace Ltd., (VTA, Singapore), a wholly-owned subsidiary of Singapore Technologies Engineering Ltd., ("STE", Singapore), and Pratt and Whitney Line Maintenance Services Inc.
("PWLMS", USA) a wholly-owned subsidiary of United Technologies Corporation ("UTC", USA) acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control of a newly created joint venture [2] . 2. The business activities of the undertakings concerned are: STE - integrated engineering group providing services in the aerospace, electronics, land systems and marine sectors; VTA - holding company; UTC - high-technology products and services for the buildings system and aerospace industries; PWLMS - aircraft engine washing services; JV - EcoPower aircraft engine washing services.
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 paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3] . 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.
For the Commission (signed) Alexander ITALIANER Director General [1] OJ 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. [2] Publication in the Official Journal of the European Union No C 60, 29.2.2012, p. 14. [3] OJ C 56, 5.3.2005, p. 32.