# C_2013035EN.01000401.xml

| 7.2.2013 | EN | Official Journal of the European Union | C 35/4 |
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7.2.2013

EN

Official Journal of the European Union

C 35/4

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Prior notification of a concentration

(Case COMP/M.6803 — Avolon/Wells Fargo/ACP JV)

Candidate case for simplified procedure

(Text with EEA relevance)

2013/C 35/05

| 1. | On 30 January 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Avolon Aerospace Leasing Limited (‘Avolon’, Ireland), ultimately controlled by Cinven and Oak Hill, and Wells Fargo Shareholder, a newly created entity ultimately controlled by Wells Fargo & Company (‘Wells Fargo’, the United States) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Avolon Capital Partners Limited (‘ACP’, Ireland) by way of purchase of shares in a newly created company constituting a joint venture. |
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1.

On 30 January 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Avolon Aerospace Leasing Limited (‘Avolon’, Ireland), ultimately controlled by Cinven and Oak Hill, and Wells Fargo Shareholder, a newly created entity ultimately controlled by Wells Fargo & Company (‘Wells Fargo’, the United States) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Avolon Capital Partners Limited (‘ACP’, Ireland) by way of purchase of shares in a newly created company constituting a joint venture.

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| 2. | The business activities of the undertakings concerned are:






  — | for Avolon: acquisition of aircraft and provision of aircraft operating leasing services, |
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2.

The business activities of the undertakings concerned are:

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for Avolon: acquisition of aircraft and provision of aircraft operating leasing services,

| — | for Wells Fargo: provider of banking, insurance, investment, credit card, mortgage, consumer and commercial finance services, |
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for Wells Fargo: provider of banking, insurance, investment, credit card, mortgage, consumer and commercial finance services,

| — | for ACP: acquisition of aircraft and provision of aircraft operating leasing services. |
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for ACP: acquisition of aircraft and provision of aircraft operating leasing services.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6803 — Avolon/Wells Fargo/ACP JV, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6803 — Avolon/Wells Fargo/ACP JV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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