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,  21.02.2019  
C(2019 ) 1597 final  
 
 
 
 
 
 
To the notifying parties : 
Subject : Case M. 9245 – BAC/Marriott/Airhotel BVBA  
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 January  2019 , the  European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation , by which  the undertakings 
Brussels Airport Company NV (“BAC”, Belgium), jointly controlled by the Ontario’ s 
Teachers Pension Plan  (“OTTP”, Canada), the Macquarie Group (Australia) and La 
Société Fédérale de Participations et d'Investissement/De Federale Participatie - en 
Investering smaatschappij ( “SFPI/FPIM ”, Belgium ), and Marriott International, Inc. 
(“Marriott”, United States of America)  acquire within the meaning of Article 3(1)(b) and 
3(4) of the Merger Regulation  joint control of Airhotel Belgium BVBA  (“Airhotel”, 
Belgium), whic h owns the hotel Sheraton Brussels Airport, by way of  purchase of shares  
and a pre -existing hotel management agreement.3 
2. The business activities of the undertakings concerned are:  
 for BAC: the owner and operator of Brussels Airport, an international airport located 
in Zaventem, Belgium,  
 for Marriott: a diversified hospitality company, which acts as a manager and 
franchisor of hotels and timeshare properties,  
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the “Merger Regulation ”). With effect from 1 December 2009,  the Treaty on the 
Funct ioning 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 39, 1.2.2019 , p. 23. 
PUBLIC VERSION  
2  for Airhotel: the owner of the Sheraton Brussels Airport, a hotel located on the 
Brussels Airp ort site.  
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 s 5(a) 
and 5 (c) of the Commission Notice on a simplified procedure for treatm ent 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 
intern al 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 Agreement . 
For the Commission  
(Signed)  
Johannes LAITENBERGER  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .