# C_2016053EN.01000601.xml

| 12.2.2016 | EN | Official Journal of the European Union | C 53/6 |
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12.2.2016

EN

Official Journal of the European Union

C 53/6

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Prior notification of a concentration

(Case M.7938 — Catterton/L Companies)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 53/03)

| 1. | On 4 February 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Catterton LP (‘Catterton Holdco’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertakings L Capital Management SAS (‘L Cap Europe’, France), L Capital Asia Advisors (‘L Cap Asia’, Mauritius), L Real Estate SA (‘L Real Estate Lux’, Luxembourg), L Real Estate Advisors SAS (‘L Real Estate France’), L Real Estate Advisors Limited (‘L Real Estate HK’, Hong Kong), and L Development & Management Limited (‘LDML’, Hong Kong), collectively referred to as the ‘L Companies’, by way of purchase of shares. |
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1.

On 4 February 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Catterton LP (‘Catterton Holdco’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertakings L Capital Management SAS (‘L Cap Europe’, France), L Capital Asia Advisors (‘L Cap Asia’, Mauritius), L Real Estate SA (‘L Real Estate Lux’, Luxembourg), L Real Estate Advisors SAS (‘L Real Estate France’), L Real Estate Advisors Limited (‘L Real Estate HK’, Hong Kong), and L Development & Management Limited (‘LDML’, Hong Kong), collectively referred to as the ‘L Companies’, by way of purchase of shares.

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






  — | Catterton is a consumer-focused private equity firm specialising in leveraged buyouts, recapitalisations, and growth capital investments in middle-market companies. Catterton invests in all major consumer segments, including food and beverage, retail and restaurants, consumer products and services, consumer health, and media and marketing services. |
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2.

The business activities of the undertakings concerned are:

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Catterton is a consumer-focused private equity firm specialising in leveraged buyouts, recapitalisations, and growth capital investments in middle-market companies. Catterton invests in all major consumer segments, including food and beverage, retail and restaurants, consumer products and services, consumer health, and media and marketing services.

| — | The L Companies manage private equity funds active in various consumer segments, such as clothing, dining, food retail, jewellery, as well as funds that hold, operate and develop real estate. |
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The L Companies manage private equity funds active in various consumer segments, such as clothing, dining, food retail, jewellery, as well as funds that hold, operate and develop real estate.

| 3. | On preliminary examination, the 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 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 this Notice. |
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3.

On preliminary examination, the 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 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 this 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 M.7938 — Catterton/L Companies, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 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 M.7938 — Catterton/L Companies, 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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