# C_2017391EN.01000501.xml

| 18.11.2017 | EN | Official Journal of the European Union | C 391/5 |
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18.11.2017

EN

Official Journal of the European Union

C 391/5

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Prior notification of a concentration

(Case M.8681 — Endowment Strategies/Benvic Europe)

Candidate case for simplified procedure

(Text with EEA relevance)

(2017/C 391/05)

| 1. | On 13 November 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
  This notification concerns the following undertakings:






  — | Endowment Strategies SARL (‘Endowment Strategies’, Luxembourg), belonging to the Investindustrial Group (‘Investindustrial’, Luxembourg), |
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1.

On 13 November 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

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This notification concerns the following undertakings:

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Endowment Strategies SARL (‘Endowment Strategies’, Luxembourg), belonging to the Investindustrial Group (‘Investindustrial’, Luxembourg),

| — | Benvic Europe companies in Belgium, France, Germany, Italy and Spain. (‘Benvic Europe’), |
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Benvic Europe companies in Belgium, France, Germany, Italy and Spain. (‘Benvic Europe’),

Endowment acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of each of the abovementioned Benvic Europe companies.

The concentration is accomplished by way of purchase of shares.

| 2. | The business activities of the undertakings concerned are:
  —   Endowment Strategies: a Luxembourg based multi-compartment investment Limited company with variable capital, controlled by Investindustrial;
  —   Investindustrial: investment group focussing on acquiring control of small to medium size companies in a variety of industrial sectors;
  —   Benvic Europe: companies mainly active in the market for PVC compounds, being a developer, producer and seller of premix/dry blends, compounds and alloys in Belgium, France, Germany, Italy and Spain respectively. |
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2.

The business activities of the undertakings concerned are:

—   Endowment Strategies: a Luxembourg based multi-compartment investment Limited company with variable capital, controlled by Investindustrial;

Endowment Strategies

—   Investindustrial: investment group focussing on acquiring control of small to medium size companies in a variety of industrial sectors;

Investindustrial

—   Benvic Europe: companies mainly active in the market for PVC compounds, being a developer, producer and seller of premix/dry blends, compounds and alloys in Belgium, France, Germany, Italy and Spain respectively.

Benvic Europe

| 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 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 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 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. The following reference should always be specified:
  M.8681 — Endowment Strategies/Benvic Europe
  Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





  E-mail: 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 |

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. The following reference should always be specified:

M.8681 — Endowment Strategies/Benvic Europe

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

E-mail: 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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