# C_2004145EN.01000201.xml

| 29.5.2004 | EN | Official Journal of the European Union | C 145/2 |
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29.5.2004

EN

Official Journal of the European Union

C 145/2

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Prior notification of a concentration

(Case No. COMP/M.3090 - VOLKSWAGEN / Offset / Crescent / Lease Plan / JV)

(2004/C 145/02)

(Text with EEA relevance)

| 1. | On 24/05/2004, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Volkswagen Financial Services AG (‘VWFS’, Germany, part of the Volkswagen Group), Offsets Development Company (‘Offsets’, United Arab Emirates), and Crescent Holding GmbH (‘Crescent’, Austria), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of LeasePlan Corporation NV (‘LeasePlan’, Netherlands), by way of purchase of shares. |
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1.

On 24/05/2004, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Volkswagen Financial Services AG (‘VWFS’, Germany, part of the Volkswagen Group), Offsets Development Company (‘Offsets’, United Arab Emirates), and Crescent Holding GmbH (‘Crescent’, Austria), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of LeasePlan Corporation NV (‘LeasePlan’, Netherlands), by way of purchase of shares.

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






  — | VWFS: automobile financial services |
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2.

The business activities of the undertakings concerned are:

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VWFS: automobile financial services

| — | Offsets: financial investment |
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Offsets: financial investment

| — | Crescent: distribution, services, management |
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Crescent: distribution, services, management

| — | LeasePlan: vehicle fleet management, short-term car rental, vehicle leasing |
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LeasePlan: vehicle fleet management, short-term car rental, vehicle leasing

| 3. | On preliminary examination, the Commission finds that the notified concentration could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified concentration could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved.

| 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 (fax no. +32/2/2964301 or 2967244) or by post, under reference number COMP/M.3090 - VOLKSWAGEN / Offset / Crescent / Lease Plan / JV, to the following address:





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

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 (fax no. +32/2/2964301 or 2967244) or by post, under reference number COMP/M.3090 - VOLKSWAGEN / Offset / Crescent / Lease Plan / JV, to the following address:

European Commission

Directorate-General for Competition,

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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(1)  OJ L 24, 29.1.2004, p. 1

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