# C_2019125EN.01000601.xml

| 4.4.2019 | EN | Official Journal of the European Union | C 125/6 |
| --- | --- | --- | --- |

4.4.2019

EN

Official Journal of the European Union

C 125/6

---

Prior notification of a concentration

(Case M.9288 — CACF/BBPM/Agos Ducato/ProFamily)

(Text with EEA relevance)

(2019/C 125/06)

1.

This notification concerns the following undertakings:

| — | CA Consumer Finance S.A. (‘CACF’, France), solely controlled by Crédit Agricole S.A. (France), |
| --- | --- |

—

CA Consumer Finance S.A. (‘CACF’, France), solely controlled by Crédit Agricole S.A. (France),

| — | Banco BPM S.p.A (‘BBPM’, Italy), |
| --- | --- |

—

Banco BPM S.p.A (‘BBPM’, Italy),

| — | Agos Ducato S.p.A. (‘Agos Ducato’, Italy), jointly controlled by CACF and BBPM, |
| --- | --- |

—

Agos Ducato S.p.A. (‘Agos Ducato’, Italy), jointly controlled by CACF and BBPM,

| — | ProFamily S.p.A. (‘ProFamily’, Italy), a wholly owned subsidiary of BBPM. |
| --- | --- |

—

ProFamily S.p.A. (‘ProFamily’, Italy), a wholly owned subsidiary of BBPM.

CACF and BBPM acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over ProFamily through Agos Ducato, a pre-existing joint venture company. ProFamily is currently exclusively controlled by BBPM.

The concentration is accomplished by way of purchase of shares.

2.

| — | CACF is active in the consumer finance sector in France and several other European countries, as well as in China and Morocco, |
| --- | --- |

—

CACF is active in the consumer finance sector in France and several other European countries, as well as in China and Morocco,

| — | BBPM is a banking group mainly active in Italy, |
| --- | --- |

—

BBPM is a banking group mainly active in Italy,

| — | Agos Ducato operates in the consumer credit sector in Italy, |
| --- | --- |

—

Agos Ducato operates in the consumer credit sector in Italy,

| — | ProFamily offers consumer credit products in Italy. The business of ProFamily that is not distributed through the banking network of BBPM is not part of the proposed concentration. |
| --- | --- |

—

ProFamily offers consumer credit products in Italy. The business of ProFamily that is not distributed through the banking network of BBPM is not part of the proposed concentration.

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.

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.9288 — CACF/BBPM/Agos Ducato/ProFamily

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 |
| --- |
| 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

---

(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

1

---