# C_2014166EN.01001601.xml

| 3.6.2014 | EN | Official Journal of the European Union | C 166/16 |
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3.6.2014

EN

Official Journal of the European Union

C 166/16

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Prior notification of a concentration

(Case M.7257 — Carlyle/PAI/CST)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 166/08

| 1. | On 22 May 2014, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which funds managed by affiliates of The Carlyle Group (‘Carlyle’, USA), through their indirectly owned special purpose vehicle CEP IV Participations S.à.r.l. (Luxembourg), and PAI partners S.A.S. (‘PAI’, France), through their dedicated private equity funds, acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Customs Sensors and Technologies business unit (‘CST’), a division of Schneider Electric SA (France) by way of purchase of shares in entities that form part of the CST: Custom Sensors & Technologies, Inc. (USA) and Crouzet Automatismes S.A.S (France). |
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1.

On 22 May 2014, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which funds managed by affiliates of The Carlyle Group (‘Carlyle’, USA), through their indirectly owned special purpose vehicle CEP IV Participations S.à.r.l. (Luxembourg), and PAI partners S.A.S. (‘PAI’, France), through their dedicated private equity funds, acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Customs Sensors and Technologies business unit (‘CST’), a division of Schneider Electric SA (France) by way of purchase of shares in entities that form part of the CST: Custom Sensors & Technologies, Inc. (USA) and Crouzet Automatismes S.A.S (France).

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| 2. | The business activities of the undertakings concerned are:
  —   for Carlyle: global alternative asset management,
  —   for PAI: private equity funds management,
  —   for CST: manufacture and distribution of electrical and electronic components, in particular sensors, switches, fractional horsepower DC motors and certain automation and control equipment. |
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2.

The business activities of the undertakings concerned are:

—   for Carlyle: global alternative asset management,

for Carlyle

—   for PAI: private equity funds management,

for PAI

—   for CST: manufacture and distribution of electrical and electronic components, in particular sensors, switches, fractional horsepower DC motors and certain automation and control equipment.

for CST

| 3. | On preliminary examination, the European Commission finds that the notified transaction could fall within the scope of the 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 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. |
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3.

On preliminary examination, the European Commission finds that the notified transaction could fall within the scope of the 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 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.

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| 4. | The European Commission invites interested third parties to submit their possible observations on the proposed operation to the European Commission.
  Observations must reach the European Commission not later than 10 days following the date of this publication. Observations can be sent to the European Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7257 — Carlyle/PAI/CST, to the following address:





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

4.

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

Observations must reach the European Commission not later than 10 days following the date of this publication. Observations can be sent to the European Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7257 — Carlyle/PAI/CST, to the following address:

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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