# C_2022151EN.01001101.xml

| 6.4.2022 | EN | Official Journal of the European Union | C 151/11 |
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6.4.2022

EN

Official Journal of the European Union

C 151/11

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Prior notification of a concentration

(Case M.10676 - NEXT / WP / PINK)

Candidate case for simplified procedure

(Text with EEA relevance)

(2022/C 151/11)

1.

This notification concerns the following undertakings:

| — | Next Holdings Limited, a wholly owned subsidiary of Next plc (‘Next’, United Kingdom), |
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Next Holdings Limited, a wholly owned subsidiary of Next plc (‘Next’, United Kingdom),

| — | Warburg Pincus LLC (‘WP’, United States), |
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Warburg Pincus LLC (‘WP’, United States),

| — | Pink Topco Limited (‘Pink’, Jersey), controlled by WP. |
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Pink Topco Limited (‘Pink’, Jersey), controlled by WP.

Next and WP will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Pink, currently solely controlled by WP.

The concentration is accomplished by way of purchase of shares.

2.

| — | Next is a UK-based retailer selling Next-branded menswear, womenswear, childrenswear, lingerie, footwear, homeware and furniture, gifts and flowers, both in-store and online, including in the EEA, |
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Next is a UK-based retailer selling Next-branded menswear, womenswear, childrenswear, lingerie, footwear, homeware and furniture, gifts and flowers, both in-store and online, including in the EEA,

| — | WP is a US-based member-owned global private equity firm, whose investments are focused on a range of sectors in North America, Europe and Asia, including industrial, energy, financial services, healthcare and technology, media and telecommunications, and consumer goods, including retail sale of apparel and footwear, |
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WP is a US-based member-owned global private equity firm, whose investments are focused on a range of sectors in North America, Europe and Asia, including industrial, energy, financial services, healthcare and technology, media and telecommunications, and consumer goods, including retail sale of apparel and footwear,

| — | Pink is the owner of the Reiss brand, which is active in the sale of Reiss-branded menswear, womenswear, footwear and accessories, both in-store and online, including in the EEA. |
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Pink is the owner of the Reiss brand, which is active in the sale of Reiss-branded menswear, womenswear, footwear and accessories, both in-store and online, including in the EEA.

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.10676 – NEXT / WP / PINK

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

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

Fax +32 22964301

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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