Vacuum pumps are used in the brake systems of the engines that are unable to create sufficient low pressure so that the braking system can support the brake force on its own (such as diesel engines and some petrol engines).ДЁ. The notified operation therefore has an EU dimension.Д§. Each of them has an EU-wide turnover in excess of EUR 250 million (Magna: EURВ 8,638 million ixetic: ), but they do not achieve more than two-thirds of their aggregate EU-wide turnover within one and the same Member State. The undertakings concerned have a combined aggregate world-wide turnover of more than EUR 5 000 million (Magna: EUR 20,665 million ixetic: ). In view of the above, the proposed transaction constitutes a concentration within the meaning of Article 3 (1) (b) of the Merger Regulation.Д¦. Pursuant to the Purchase Agreement dated 28В September 2012, Magna will acquire 100% of the shares in ixetic and, thus, will acquire sole control over the whole of ixetic by ownership.ДҐ. ixetic primarily supplies hydraulic pumps for use in transmissions, steering systems and active chassis as well as vacuum pumps for brake systems for the automotive industry.Д¤. ixetic Verwaltungs GmbH ('ixetic') is a German company active as an automotive supplier of solutions for hydraulic and vacuum pumps mainly for OEMs in Europe.

Magna is active in the supply of pumps through its subsidiary Magna Powertrain. Magna is also active in complete vehicle engineering and assembly for OEM customers. Its products and services are sold to original equipment manufacturers (вЂњOEMsвЂќ) of cars and light trucks in North and South America, Europe, Asia and Africa. It develops, manufactures and supplies automotive systems. ('Magna', Canada) is a diversified global automotive supplier. Magna and ixetic are designated hereinafter as the 'Parties'.Дў. Magna is designated hereinafter as the 'Notifying Party'. ('Magna', Canada) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of ixetic Verwaltungs GmbH ('ixetic', Germany) by way of purchase of shares.

On, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Magna International Inc. Subject: Case No COMP/M.6748 - MAGNA/ IXETIC Commission decision pursuant to Article 6(1)(b) of Council Regulation NoВ 139/2004 ДЎ. Where possible the information omitted has been replaced by ranges of figures or a general description. In the published version of this decision, some information has been omitted pursuant to Article 17(2) of Council Regulation (EC) No 139/2004 concerning non-disclosure of business secrets and other confidential information.

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