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Commission Decision of 22/03/2017 declaring a concentration to be compatible with the common market (Case No COMP/M.8393 - THYSSENKRUPP TECHNOLOGIES / THYSSENKRUPP / ATLAS ELEKTRONIK) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

CELEX
32017M8393
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2017-03-22
In force since
2017-03-22
Status
In force

Text

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

m8393.docx EUROPEAN COMMISSION Brussels, 22.3.2017 C(2017) 2048 final To the notifying part y Subject : Case M. 83 93 - THYSSENKRUPP TECHNOLOGIES / THYSSENKRUPP / ATLAS ELEKTRONIK 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 1 5 February 2017 , the European Commission received notification of a proposed conc entration pursuant to Article 4 of the Merger Regulation by which Thyssenkrupp Technologies Beteiligungen GmbH controlled by Thyssenkrupp AG, both of Germany, acquires within the meaning of Article 3(1 )( b) of the Merger Regulation sole control of the whole of Atlas Elektronik GmbH, of Germany, by way of a purchase of shares.

3 2. The business activities of the undertakings concerned are: – for Thyssenkrupp : the production and trading of materials (including steel), industrial goods and capital goods and the provision of engineering solutions for industrial processes and services. Thyssenkrupp , though its subsidiary Thyssenkrupp Marine Systems GmbH, is active in the production of submarines and surface naval vessels. – for Atlas Elektronik : the naval systems sector, in particular sonar systems and combat management system solutions for submarines, surface combatants and mine counter vessels, as well as naval weapons.

In addition, Atlas Elektronik produces naval communication systems 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 paragrap h 5 ( d ) o f 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 (S igned ) 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 5 8 , 2 3.02.2017, p.2 8 . (4) OJ C 366, 14.12.2013, p. 5 .

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