# C_2019067EN.01000501.xml

| 20.2.2019 | EN | Official Journal of the European Union | C 67/5 |
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20.2.2019

EN

Official Journal of the European Union

C 67/5

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Prior notification of a concentration

(Case M.9267 — KKR/Telepizza)

Candidate case for simplified procedure

(Text with EEA relevance)

(2019/C 67/04)

1.

This notification concerns the following undertakings:

| — | KKR & Co. Inc. (‘KKR’, United States of America), |
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KKR & Co. Inc. (‘KKR’, United States of America),

| — | Telepizza Group, S.A. (‘Telepizza’, Spain). |
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Telepizza Group, S.A. (‘Telepizza’, Spain).

KKR acquires within the meaning of Article 3(1)(b) of the Merger Regulation indirect sole control of the whole of Telepizza.

The concentration is accomplished by way of an acquisition of shares via a public tender offer.

2.

| — | KKR is a global investment firm, which offers a broad range of alternative asset management services to public and private market investors and provides capital markets solutions for the firm, its portfolio companies and other clients, |
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KKR is a global investment firm, which offers a broad range of alternative asset management services to public and private market investors and provides capital markets solutions for the firm, its portfolio companies and other clients,

| — | Telepizza manages a network of fast-food restaurants, operated both through proprietary stores and through franchised stores, as well as food delivery services. In 2018, Telepizza and Pizza Hut International, LLC (‘Pizza Hut,’ part of the YUM! Group) announced a strategic deal and master franchise alliance, under which Telepizza’s network will expand to approximately 2 560 restaurants in 37 countries, largely concentrated in the Iberian Peninsula, Mexico, and Central and South America. The Telepizza/Pizza Hut transaction closed in December 2018. |
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Telepizza manages a network of fast-food restaurants, operated both through proprietary stores and through franchised stores, as well as food delivery services. In 2018, Telepizza and Pizza Hut International, LLC (‘Pizza Hut,’ part of the YUM! Group) announced a strategic deal and master franchise alliance, under which Telepizza’s network will expand to approximately 2 560 restaurants in 37 countries, largely concentrated in the Iberian Peninsula, Mexico, and Central and South America. The Telepizza/Pizza Hut transaction closed in December 2018.

3.

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.

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.9267 — KKR/Telepizza

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 |
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| Fax +32 22964301 |
| Postal address: |
| European Commission |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

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

Fax +32 22964301

Postal 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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