Prior notification in OJ of a concentration in Sansung group

On 15th  April 2008 the Official Journal of the European Union has published the Commission repection of a notification of a proposed concentration pursuant to Article 4 of Council Regulation 139/2004 by which the undertakings Samsung Electronics Co., Ltd acquires within control of Samsung Opto-Electronics GmbH (‘Samsung Opto-Electronics’, Germany), Samsung Opto-Electronics France S.A.S. (‘Samsung Opto-Electronics France’, France) and Samsung Opto-Electronics UK (‘Samsung Opto-Electronics UK’, United Kingdom), which are all indirect wholly-owned subsidiaries of Samsung Techwin Co., Ltd (‘Samsung Techwin’, Korea) by way of purchase of assets.

Preliminary examination of European Commission services finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However. Interested third parties can submit their possible observations on the proposed operation not later that 25 April 2008 (ten days after publication). to the Commission:

European Commission - DG Competition
COMP/M.5132
Merger Registry - J-70
B-1049 Brussels (Belgium)

The business activities of the undertakings concerned are:

  • Samsung Electronics Co., Ltd (SEO:005930) is a Korea-based company specialised in design, development, manufacture and distribution of products in the area of electronics and information technology.
  • Samsung Opto-Electronics, Samsung Opto-Electronics France and Samsung Opto Electronics UK work in the distribution of still digital cameras.