# C_2021236EN.01001001.xml

| 18.6.2021 | EN | Official Journal of the European Union | C 236/10 |
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18.6.2021

EN

Official Journal of the European Union

C 236/10

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Prior notification of a concentration

(Case M.10315 — BCI/ABP/TIG/Certain assets of Arauco)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 236/05)

1.

This notification concerns the following undertakings:

| — | British Columbia Investment Management Corporation (‘BCI’, Canada); |
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British Columbia Investment Management Corporation (‘BCI’, Canada);

| — | Stichting Pensioenfonds ABP (‘ABP’, the Netherlands); |
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Stichting Pensioenfonds ABP (‘ABP’, the Netherlands);

| — | Timberland Investment Group, LLC (‘TIG’), controlled by Banco BTG Pactual S.A. (‘BTG Pactual’, Brazil); |
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Timberland Investment Group, LLC (‘TIG’), controlled by Banco BTG Pactual S.A. (‘BTG Pactual’, Brazil);

| — | BTG Pactual Inversiones Forestales Fondo de Inversión (‘Newco’, Chile); and |
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BTG Pactual Inversiones Forestales Fondo de Inversión (‘Newco’, Chile); and

| — | Assets comprising approximately 80 000 hectares of timberlands in the Chilean regions of Maule, Araucanía and Los Lagos (the ‘Target’, Chile). |
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Assets comprising approximately 80 000 hectares of timberlands in the Chilean regions of Maule, Araucanía and Los Lagos (the ‘Target’, Chile).

BCI, ABP and TIG acquire, through their respective interests in Newco, within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of the Target.

The concentration is accomplished by way of purchase of assets and the creation of Newco to acquire and exploit those assets.

2.

| — | BCI: investor across a range of asset classes, including fixed income, public equities, private equity, infrastructure, renewable resources, real estate and commercial mortgages. |
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BCI: investor across a range of asset classes, including fixed income, public equities, private equity, infrastructure, renewable resources, real estate and commercial mortgages.

| — | ABP: pension fund for government and education employees in the Netherlands. |
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ABP: pension fund for government and education employees in the Netherlands.

| — | TIG: timberland investments management organisation. |
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TIG: timberland investments management organisation.

| — | Newco: a new Chilean public investment fund jointly controlled by BCI, APB and TIG, created for the purpose of acquiring and exploiting the Target. |
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Newco: a new Chilean public investment fund jointly controlled by BCI, APB and TIG, created for the purpose of acquiring and exploiting the Target.

| — | Target: the Target comprises 80 000 hectares of timberlands in the Chilean regions of Maule, Araucanía and Los Lagos. |
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Target: the Target comprises 80 000 hectares of timberlands in the Chilean regions of Maule, Araucanía and Los Lagos.

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.10315 — BCI/ABP/TIG/Certain assets of Arauco

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/Brussel |
| BELGIQUE/BELGIË |

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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