Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie,  DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 7.9.2021  
C(2021 ) 6656 final  
PUBLIC VERSION  
Proximus NV/SA  
Koning Albert II -laan 27  
1030 Brussels  
Belgium  
 
N.V. B esix S.A. 
Avenue des Communautés 100  
1200 Brussels  
Belgium  
Stefan Lodeweyckx  
Bredabaan 1032   
2990 Wuustwezel  
Belgium  
Subject : Case M.10287 — Proximus/Besix/SL/i.Leco  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 11 August 2021 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which   Proximus NV 
(“Proximus”, Belgium),  N.V. Besix S.A. (“Besix”, Belgium),   belonging to the Besix 
Group (Belgium), and Stefan Lodewe yckx (“SL”, Belgium),  acquire within the 
meaning of Article s 3(1)(b)  and 3(4)  of the Merger Regulation joint control over the 
whole of the undertaking   i.Leco NV (“JV” or “i.Leco”, Belgium) by way of purchase 
of shares  and a subsequent capital increase .3 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With eff ect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 332, 18.08.2021 , p. 5. 

2 2. The business activities of the undertakings concerned are:  
 for Proximus: fixed and mobile electronic communication services and networks 
for residential an d business customers in Belgium,  
 for Besix: construction  services , including building  works , marine w orks, 
infrastructure, environmental works, sports and leisure facilities as well as 
industrial building  work s, 
 for SL: a private individual , current Chief Executive Officer (CEO) of i.LECO , 
and 
 for i.Leco: development and provision of software and building  energy 
management solutions for the smart building solutions industry.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (a) of the Co mmission  Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agre ement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
 
 
 
 
 
 
 
 
  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .