# C_2016188EN.01000501.xml

| 27.5.2016 | EN | Official Journal of the European Union | C 188/5 |
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27.5.2016

EN

Official Journal of the European Union

C 188/5

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Prior notification of a concentration

(Case M.8052 — SEGRO/PSPIB/SELP/Torino DC1)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 188/05)

| 1. | On 19 May 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which SEGRO plc (‘SEGRO’, United Kingdom) and Public Sector Pension Investment Board (‘PSPIB’, Canada) acquire within the meaning of Article 3(1)(b) of the Merger Regulation, through their jointly controlled joint venture SEGRO European Logistics Partnership S.à r.l. (‘SELP’), joint control over one future income producing logistics asset in Italy (the ‘Target Asset’), e.g. the logistics asset Torino DC1 located in Brandizzo in Italy, by way of purchase of assets. |
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1.

On 19 May 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which SEGRO plc (‘SEGRO’, United Kingdom) and Public Sector Pension Investment Board (‘PSPIB’, Canada) acquire within the meaning of Article 3(1)(b) of the Merger Regulation, through their jointly controlled joint venture SEGRO European Logistics Partnership S.à r.l. (‘SELP’), joint control over one future income producing logistics asset in Italy (the ‘Target Asset’), e.g. the logistics asset Torino DC1 located in Brandizzo in Italy, by way of purchase of assets.

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| 2. | The business activities of the undertakings concerned are:
  —   for SEGRO: owning, managing and developing modern warehousing, light industrial and data centre properties,
  —   for PSPIB: managing stocks, bonds and other fixed-income securities as well as investments in private equity, real estate, infrastructure and natural resources,
  —   for Torino DC 1: warehouse and distribution centre to be leased to Decathlon Italia. |
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2.

The business activities of the undertakings concerned are:

—   for SEGRO: owning, managing and developing modern warehousing, light industrial and data centre properties,

for SEGRO

—   for PSPIB: managing stocks, bonds and other fixed-income securities as well as investments in private equity, real estate, infrastructure and natural resources,

for PSPIB

—   for Torino DC 1: warehouse and distribution centre to be leased to Decathlon Italia.

for Torino DC 1

| 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.8052 — SEGRO/PSPIB/SELP/Torino DC1, 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.8052 — SEGRO/PSPIB/SELP/Torino DC1, 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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