# C_2018077EN.01000601.xml

| 1.3.2018 | EN | Official Journal of the European Union | C 77/6 |
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Prior notification of a concentration

(Case M.8806 — Richemont/Yoox Net-a-Porter Group)

Candidate case for simplified procedure

(Text with EEA relevance)

(2018/C 77/05)

| 1. | On 23 February 2018, 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:
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Compagnie financière Richemont SA (‘Richemont’, Switzerland), —
RLG Italia Holding SpA (‘Bidco’, Italy), controlled by Richemont, and —
Yoox Net-a-Porter Group SpA (‘YNAP’, Italy). Richemont (through Bidco) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of YNAP.
The concentration is accomplished by way of public bid announced on 22 January 2018. | — | Compagnie financière Richemont SA (‘Richemont’, Switzerland), | — | RLG Italia Holding SpA (‘Bidco’, Italy), controlled by Richemont, and | — | Yoox Net-a-Porter Group SpA (‘YNAP’, Italy). |
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| — | Compagnie financière Richemont SA (‘Richemont’, Switzerland), | | | | | | |
| — | RLG Italia Holding SpA (‘Bidco’, Italy), controlled by Richemont, and | | | | | | |
| — | Yoox Net-a-Porter Group SpA (‘YNAP’, Italy). | | | | | | |

| 2. | The business activities of the undertakings concerned are:
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Richemont is a Swiss-based holding company for a range of luxury consumer goods and businesses. Through its various Maisons, Richemont is active in the design, production and distribution of luxury goods, —
YNAP is an Italian-based online retailer of luxury consumer goods, listed on the Mercato Telematico Azionario managed by Borsa Italiana SpA, the Milan stock exchange. | — | Richemont is a Swiss-based holding company for a range of luxury consumer goods and businesses. Through its various Maisons, Richemont is active in the design, production and distribution of luxury goods, | — | YNAP is an Italian-based online retailer of luxury consumer goods, listed on the Mercato Telematico Azionario managed by Borsa Italiana SpA, the Milan stock exchange. |
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| — | Richemont is a Swiss-based holding company for a range of luxury consumer goods and businesses. Through its various Maisons, Richemont is active in the design, production and distribution of luxury goods, | | | | |
| — | YNAP is an Italian-based online retailer of luxury consumer goods, listed on the Mercato Telematico Azionario managed by Borsa Italiana SpA, the Milan stock exchange. | | | | |

| 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.8806 — Richemont/Yoox Net-a-Porter Group
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 |
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| 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’).

( 2 )  OJ C 366, 14.12.2013, p. 5.

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