Concentration in recycling of metal waste and scrap industry: EADS / SITA FRANCE / TARMAC AEROSAVE
On 11 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 EADS NV (‘EADS’, the Netherlands) and Sita France SA acquire the joint control of the undertaking T.A.R.M.A.C. Aerosave SAS (‘T.A.R.M.A.C. Aerosave’, France) by way of purchase of shares.
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 to the Commission:
European Commission - DG Competition
Merger Registry - J-70
B-1049 Brussels (Belgium)
The undertaking bodies involved in this operation are:
- EADS (EPA:EAD)is a global leader in aerospace, defence and related services. The Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programmes from Ariane to Galileo. EADS employs about 116,000 people at more than 70 production sites, above all in France, Germany, Great Britain and Spain as well as in the U.S. and Australia. A global network of more than 30 Representative Offices maintains contact with the customers. In 2007, the company generated revenues of € 39.1 billion.
- Sita France is controlled 100% by Suez group (France). SUEZ (OTC:SZEZY) is an international industrial and services with 140,000 employees. It has more than 200 million individuals, 3,000 municipalities and 500,000 industrial clients have daily access to clean energy, treated water and environment-friendly waste services. €44.3 billion in 2006 revenues. It is the 6th gas operator in Europe, 5th electricity producer in Europe, 2nd supplier of environmental services in Europe, 2nd importer of liquefied natural gas in North America and 1st supplier of energy and industrial services in Europe.
- Tarbes Advanced Recycling & Maintenance Aircraft Company (T.A.R.M.A.C.) has six industrial partners: Airbus; SITA France (subsidiary of SUEZ); Snecma Services (subsidiary of Safran Group); Equip’Aéro; TASC aviation (Airbus subsidiary) and Aéroconseil. With this operation T.A.R.M.A.C Aerosave SAS will offer three sort of services: aircraft storage, aircraft decommissioning and spare parts recovery.