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 -MERG ER-REGISTRY@ec.europa.eu.  
  EUROPEAN COMMISSION  
Brussels,  21.6.2022  
C(2022)  4439 final  
 PUBLIC VERSION 
XLCEE -Holding GmbH  
Römerstraße 39  
4600 Wels  
Austria  
 
Derot Fund S.À R.L.  
23 rue Aldringen  
L-1118  
Luxemburg 
Subject : Case M. 10664 – XLCEE / DEROT / BLACK RED WHITE  
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 25 May 2022, the European Commission received notification of a proposed 
conc entration pursuant to Article 4 of the Merger  Regulation by which the 
undertaking s XLCEE -Holding GmbH (‘XLCEE’, Austria), belonging to the XXXLutz 
Group (‘XXXLutz’, Austria) and  Derot Fund S.À R.L. (‘Derot’, Luxembourg), 
controlled by Mr Formela , intend to acquire within the meaning of Article s 3(1)(b)  
and 3(4)  of the Merger Regulation joint  control of undertaking BLACK RED 
WHITE  S.A. (‘BRW’, Poland), controlled by Derot , by way of purchase of shares .3 
2. The business activities of the undertakings concerned ar e: 
− XLCEE is an investement holding company within the XXXLutz G roup. 
XXXLutz is primarily active in the operation of retail brick -and-mortar and online 
stores for furniture, furnishings and household goods in Europe , 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect 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 223, 8.6.2022, p. 50. 

2 − Derot is an investment holding company, controlled by Mr Formela. Mr Formela 
also controls BRW Trading Company (Belarus) which operates four retail stores 
for furniture, furnishings and household goods in Belarus, 
− BRW is a furniture manufacturing and retail company act ive in the manufacturing 
of furniture and operation of retail brick- and-mortar stores for furniture, 
furnishings and household goods mainly in Poland and – to a smaller extent – in 
Slovakia and Belarus.  
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 6 of the  Commission 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 applicati on of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission   (Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5.