Article 1
The proposed concentration between Sicind and CEAc is hereby declared compatible with the common market, subject to the obligations set out in Article 2.
91/403/EEC: Commission Decision of 29 May 1991 declaring the compatibility of a concentration with the common market (Case No IV/M043 - Magneti Marelli/CEAc) - Council Regulation (EEC) No 4064/89 (Only the French text is authentic)
91/403/EEC: Commission Decision of 29 May 1991 declaring the compatibility of a concentration with the common market (Case No IV/M043 - Magneti Marelli/CEAc) - Council Regulation (EEC) No 4064/89 (Only the French text is authentic)
Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Article 2
The following obligations are attached to this Decision: (a) in accordance with a timetable agreed with the Commission, Fiat shall reduce its holding in the Compagnie Française d'Électro-chimie to 10 % and shall reduce to one member its representation on the administrative or supervisory bodies of the Compagnie Française d'Électro-Chimie; (b) Fiat shall not then increase its holding in the Compagnie Française d'Électro-chimie above the level referred to in (a) without the Commission's agreement; (c) for the purposes of this article, Fiat means: (i) the Fiat group; (ii) any company controlled by any part of the Fiat group; (iii) any person acting on behalf of a company referred to in (i) and (ii).
Article 3
This Decision is addressed to: Fiat SpA, Corso Marconi 10, I-10125 Torino; Sicind SpA, Corso Marconi 20, I-10125 Torino; Compagnie Européenne d'Accumulateurs (CEAc), 18 Quai de Clichy, F-92111 Clichy Cedex. Done at Brussels, 29 May 1991. For the Commission Leon BRITTAN Vice-President (1) OJ No L 395, 30. 12. 1989, p. 1, as amended in OJ No L 257, 21. 9. 1990, p. 13. (2) OJ No C 209, 10. 8. 1991, p. 11. (3) OJ No L 122, 17. 5. 1991, p. 48.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.
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