# C_2023070EN.01001001.xml

| 27.2.2023 | EN | Official Journal of the European Union | C 70/10 |
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27.2.2023

EN

Official Journal of the European Union

C 70/10

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Prior notification of a concentration

(Case M.11040 – PGGM / DIF / EQT / SAUR)

Candidate case for simplified procedure

(Text with EEA relevance)

(2023/C 70/07)

1.

This notification concerns the following undertakings:

| — | PGGM Vermogensbeheer B.V. (‘PGGM’, Netherlands), |
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PGGM Vermogensbeheer B.V. (‘PGGM’, Netherlands),

| — | DIF Management B.V. (‘DIF’, Netherlands), |
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DIF Management B.V. (‘DIF’, Netherlands),

| — | EQT Fund Management S.à r.l. (‘EFMS’, Luxembourg), |
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EQT Fund Management S.à r.l. (‘EFMS’, Luxembourg),

| — | Saur S.A.S. and its subsidiaries (‘Saur Group’, France). |
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Saur S.A.S. and its subsidiaries (‘Saur Group’, France).

PGGM, DIF and EQT will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Saur Group.

The concentration is accomplished by way of purchase of shares.

2.

| — | PGGM manages the pensions for different pension funds, the affiliated employers and their employees, |
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PGGM manages the pensions for different pension funds, the affiliated employers and their employees,

| — | DIF is a fund management company with focus on infrastructure investments in the energy (transition), renewable energy generation and other economic infrastructure sectors in Europe, North America and Australia, |
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DIF is a fund management company with focus on infrastructure investments in the energy (transition), renewable energy generation and other economic infrastructure sectors in Europe, North America and Australia,

| — | EFMS is an investment fund manager, of EQT Infrastructure III and EQT Infrastructure IV, two private investment funds forming part of the EQT group of investment funds, |
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EFMS is an investment fund manager, of EQT Infrastructure III and EQT Infrastructure IV, two private investment funds forming part of the EQT group of investment funds,

| — | Saur Group is mainly active in water and wastewater management, primarily in France, and also designs and constructs water infrastructure as well as water treatment systems for industries. |
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Saur Group is mainly active in water and wastewater management, primarily in France, and also designs and constructs water infrastructure as well as water treatment systems for industries.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.11040 – PGGM / DIF / EQT / SAUR

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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