# IMMC.MTF_2018_9034_FIN.ENG.xhtml.m9034.docx

| | EUROPEAN COMMISSION |
| --- | --- |

EUROPEAN COMMISSION

EUROPEAN COMMISSION

Brussels, 21.9.2018

Brussels, 21.9.2018

C(2018)6259

C(2018)6259

To the notifying party:

To the notifying party:

Subject:Case M.9034 - EQT FUND MANAGEMENT / AZELIS

  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
  1
  and Article 57 of the Agreement on the European Economic Area
  2

Subject:

Case M.9034 - EQT FUND MANAGEMENT / AZELIS

Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004

1

and Article 57 of the Agreement on the European Economic Area

2

Dear Sir or Madam,

Dear Sir or Madam,

1.On 27 August 2018, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which EQT VIII, controlled by EQT Fund Management S.à r.l ("EQT Fund Management", Luxembourg) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Antelope Topco S.C.A. ("Azelis", Luxembourg) by way of purchase of shares.
  3

1.

On 27 August 2018, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which EQT VIII, controlled by EQT Fund Management S.à r.l ("EQT Fund Management", Luxembourg) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Antelope Topco S.C.A. ("Azelis", Luxembourg) by way of purchase of shares.

3

2.The business activities of the undertakings concerned are:

2.

The business activities of the undertakings concerned are:

-EQT VIII is a private equity fund that makes investments primarily in northern Europe;

-

EQT VIII is a private equity fund that makes investments primarily in northern Europe;

-Azelis is a global distributor of specialty chemicals and food ingredients.

-

Azelis is a global distributor of specialty chemicals and food ingredients.

3.After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
  4

3.

After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
  4

4.For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

4.

For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

For the Commission


  (Signed)

For the Commission

(Signed)

Johannes LAITENBERGER
  Director-General

Johannes LAITENBERGER
  Director

-General

OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of 'Community' by 'Union' and 'common market' by 'internal market'. The terminology of the TFEU will be used throughout this decision.

OJ C 366, 14.12.2013, p. 5.