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Commission Decision of 20/03/2017 declaring a concentration to be compatible with the common market (Case No COMP/M.8381 - MOTHERSON SUMI SYSTEMS / PKC GROUP) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

CELEX
32017M8381
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2017-03-20
In force since
2017-03-20
Status
In force

Text

This document has no article-level structure in its source. Full text below.

m8381.docx EUROPEAN COMMISSION Brussels, 20/03/2017 C(2017) 1973 final PUBLIC VERSION To the Notifying party Subject : Case M.8381 - MOTHERSON SUMI SYSTEMS / PKC GROUP Commission decision pursuant to Article 6(1 )( b) of Council Regulation (EC) No 139/2004 1 and Article 57 of the Agreement on the European Economic Area 2 Dear Sir or Madam, 1. On 2 1 February 2017 , the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Motherson Sumi Systems Limited (‘MSSL’, India) acquires, within the meaning of Article 3(1 )( b) of the Merger Regulation, control of the whole of PKC Group OYJ (‘PKC’, Finland) by way of a public bid announced on 19 January 2017 .

3 2. The business activities of the undertakings concerned are: — for MSSL: manufacturing of automotive wire harnesses, passenger car mirrors, and plastic components and modules such as cockpits, bumpers and interior trims. MSSL also has a growing presence in a broad range of other polymer, elastomer and metal based parts and systems. — for PKC: design, manufacturing and integration of tailored electrical distribution systems and related architecture components, vehicle electronics, wires and cables. In addition, PKC designs and manufactures electrical cabinets, power packs and electrical distribution systems for rolling stock manufacturers.

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 6 of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 . 4 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) Johannes LAITENBERGER 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) OJ L 1, 3.1.1994, p. 3 ( the ' EEA Agreement ' ). (3) Publication in the Official Journal of the European Union No C 66 , 02 . 03 . 2017 , p. 33 . (4) OJ C 366, 14.12.2013, p.

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