21. 4. 94 Official Journal of the European Communities No L 102/15 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION of 31 January 1994 declaring a concentration to be compatible with the common market (Case No IV/M.315 — Mannesmann/Vallourec/Ilva) Council Regulation (EEC) No 4064/89 (Only the English text is authentic) (Text with EEA relevance) (94/208/EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 4064/89 of 21 December 1989 on the control of concentrations between undertakings ('), and in particular Article 8 (2) thereof, Having regard to the Commission Decision of 20 September 1993 to initiate proceedings in this case, Having given the undertakings concerned the opportunity to make known their views on the objections raised by the Commission, Having regard to the opinion of the Advisory Committee on Concentrations (%), Whereas : 1. THE PARTIES 1) Dalmine is an Italian undertaking, active in the steel, metals, engineering, electric and mineral (') OJ No L 395, 30. 12. 1989, p. 1. (Corrigendum : OJ No L 257, 21. 9. 1990, p. 13). () OJ No C 111, 21. 4. 1994, p. 6. @ ©) @ sectors. Dalmine’s ultimate parent is Ilva SpA, an Italian State-owned company. MRW is a German undertaking active in the production of pipes and tubes, the production of steel and prematerial for pipes and tubes as well as the processing, finishing and sale of such products. MRW is a subsidiary of Mannesmann AG, a German company active in the steel industry, the manufacture and sale of various industrial products as well as the planning and construction of factory sites. Valtubes is a French company active in the produc- tion and sale of pipes and tubes as well as products made therefrom. Valtubes is a wholly owned subsi- diary of the French company Vallourec SA which is active in the manufacturing, processing and selling of steel materials. The French State-owned company Usinor holds a 28 % stake in Vallourec and none of the other shareholders hold a stake in excess of 5 %. 1. THE OPERATION The parties will establish DMV (Dalmine/MRW/ Valtubes) as a holding company in which they will each have an equal interest. DMV will own, manage and control four companies (one in each of