M/24/072 – Marubeni/Banpui/FGL Holdings/Siam Marubeni (JV)

Page Attachments

M.24.072 Merger Announcement
M.24.072 Public Determination

Transaction details

The proposed transaction whereby a joint venture by Marubeni Corporation, Banpu NEXT Co, Ltd, FGL Holdings (Thailand) Co Ltd and Siam Marubeni international Co, Limited will be created has been cleared by the Competition and Consumer Protection Commission.

Notification date	Decision date
Friday November 22, 2024	Friday, December 13, 2024

Parties Involved	Business activities
Marubeni Corporation	Is the group parent company of the Marubeni Group. Marubeni conducts business activities multilaterally such as importing and exporting (including third-country trading), as well as domestic business, across wide-ranging fields including lifestyle, IT solutions, food, agri-business, forest products, chemicals, metals & mineral resources, energy, power, infrastructure project, aerospace & ship, finance, leasing & real estate business, construction, industrial machinery & mobility, next generation business development and next generation corporate development, in addition to a variety of services, internal and external investments and resource development throughout all of the above industries.
Banpu NEXT Co, Ltd	Banpu is a subsidiary of Banpu Public Company Limited and part of the Banpu Group. Banpu Group is mainly active worldwide in three segments, namely energy resources, energy generation and energy technology.
FGL Holdings (Thailand) Co Ltd	Is the group parent company of the Fuyo Lease Group. FGL Holdings (Thailand) Co Ltd is a company within the Fuyo Lease Group that will participate in the Proposed Transaction. The primary business of the Fuyo Lease Group is in the provision of leasing and financing services for corporate clients in the real estate, aircraft, energy and environment, BPO / ICT, healthcare, mobility & logistics, circular economy and cloud services industries. This includes the provision of finance leases, operating leases, instalment sales, and vendor leases.

Parties Involved

Business activities

Marubeni Corporation

Is the group parent company of the Marubeni Group. Marubeni conducts business activities multilaterally such as importing and exporting (including third-country trading), as well as domestic business, across wide-ranging fields including lifestyle, IT solutions, food, agri-business, forest products, chemicals, metals & mineral resources, energy, power, infrastructure project, aerospace & ship, finance, leasing & real estate business, construction, industrial machinery & mobility, next generation business development and next generation corporate development, in addition to a variety of services, internal and external investments and resource development throughout all of the above industries.

Banpu NEXT Co, Ltd

Banpu is a subsidiary of Banpu Public Company Limited and part of the Banpu Group. Banpu
Group is mainly active worldwide in three segments, namely energy resources, energy
generation and energy technology.

FGL Holdings (Thailand) Co Ltd

Is the group parent company of the Fuyo Lease Group. FGL Holdings (Thailand) Co Ltd is a company within the Fuyo Lease Group that will participate in the Proposed Transaction.

The primary business of the Fuyo Lease Group is in the provision of leasing and financing
services for corporate clients in the real estate, aircraft, energy and environment, BPO / ICT,
healthcare, mobility & logistics, circular economy and cloud services industries. This includes
the provision of finance leases, operating leases, instalment sales, and vendor leases.

Economic sector	Media merger
Transport and Logistics	No

Submissions from third parties due by:
Phase 1	Phase 2
Friday, December 6, 2024

Current status: Completed
Simplified Merger Notification

Authorised Officer Assigned	Contact Details
John O'Gorman	JohnOGorman@ccpc.ie

Media enquiries: communications@ccpc.ie

Return to Merger Notifications

M/24/072 – Marubeni/Banpui/FGL Holdings/Siam Marubeni (JV)

Page Attachments

Transaction details

Mergers

Haven’t found what you’re looking for?

Useful Information