# C_2020419EN.01004901.xml

| 4.12.2020 | EN | Official Journal of the European Union | C 419/49 |
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4.12.2020

EN

Official Journal of the European Union

C 419/49

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Prior notification of a concentration

(Case M.10035 — Burnam Parties/Kroenke Parties/SMG/Cascade Investment/StorageMart)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 419/16)

1.

This notification concerns the following undertakings:

| — | StorageMart Partners, LLC and its affiliates (‘Burnam Parties’, USA), |
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StorageMart Partners, LLC and its affiliates (‘Burnam Parties’, USA),

| — | E.Stanley Kroenke and affiliated entities (‘the Kroenke Parties’, USA), |
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E.Stanley Kroenke and affiliated entities (‘the Kroenke Parties’, USA),

| — | SMG StorCo, LLC (‘SMG’, USA) indirectly controlled by GIC Realty (Singapore), |
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SMG StorCo, LLC (‘SMG’, USA) indirectly controlled by GIC Realty (Singapore),

| — | Cascade Investment L.L.C. (‘Cascade Investment’, USA), |
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Cascade Investment L.L.C. (‘Cascade Investment’, USA),

| — | SMARTCo Properties, L.P. (‘StorageMart’, USA). |
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SMARTCo Properties, L.P. (‘StorageMart’, USA).

Burnam Parties, the Kroenke Parties, SMG and Cascade Investment acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of StorageMart.

The concentration is accomplished by way of purchase of shares.

2.

| — | for StorageMart: a chain of self-storage facilities operating across the United States, Canada and the United Kingdom. StorageMart has 220 facilities worldwide, including 16 facilities located in the United Kingdom. These self storage facilities are located in Buckinghamshire, Essex, Kent, Norfolk, Suffolk, Surrey, East Sussex and West Sussex, |
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for StorageMart: a chain of self-storage facilities operating across the United States, Canada and the United Kingdom. StorageMart has 220 facilities worldwide, including 16 facilities located in the United Kingdom. These self storage facilities are located in Buckinghamshire, Essex, Kent, Norfolk, Suffolk, Surrey, East Sussex and West Sussex,

| — | for Burnam Parties: comprise StorageMart Partners, L.L.C, and its affiliates, of whom Cris Burnam serves as Chief Executive Officer at StorageMart and Mike Burnam as President of StorageMart. The Burnam Parties currently jointly control the Target and are, through the Target, primarily active in the USA in the self-storage industry, |
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for Burnam Parties: comprise StorageMart Partners, L.L.C, and its affiliates, of whom Cris Burnam serves as Chief Executive Officer at StorageMart and Mike Burnam as President of StorageMart. The Burnam Parties currently jointly control the Target and are, through the Target, primarily active in the USA in the self-storage industry,

| — | for Kroenke Parties: comprise entities affiliated with E. Stanley Kroenke, a private individual residing in the USA who controls an international portfolio of investments, primarily active in the sport and real estate sectors. The Kroenke Parties, own a controlling interest in the Target pre-Transaction and are primarily active in the USA, |
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for Kroenke Parties: comprise entities affiliated with E. Stanley Kroenke, a private individual residing in the USA who controls an international portfolio of investments, primarily active in the sport and real estate sectors. The Kroenke Parties, own a controlling interest in the Target pre-Transaction and are primarily active in the USA,

| — | for SMG: a wholly-owned indirect subsidiary of GIC Realty, a limited liability company incorporated under the laws of Singapore. GIC Realty is the holding company for real estate investments made on behalf of the Government of Singapore, |
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for SMG: a wholly-owned indirect subsidiary of GIC Realty, a limited liability company incorporated under the laws of Singapore. GIC Realty is the holding company for real estate investments made on behalf of the Government of Singapore,

| — | for Cascade Investment: a private investment entity with a global investment portfolio which is primarily active in North America. It is a limited liability company whose sole member is William H. Gates III. |
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for Cascade Investment: a private investment entity with a global investment portfolio which is primarily active in North America. It is a limited liability company whose sole member is William H. Gates III.

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.10035 — Burnam Parties/Kroenke Parties/SMG/Cascade Investment/StorageMart

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 |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussels |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussels

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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