Prior notification of a concentration (Case COMP/M.6630 — L Capital/Paladin/Cigierre-Compagnia Generale Ristorazione) — Candidate case for simplified procedure  Text with EEA relevance
Date: 2012-06-23
Institutions: European Commission
Subjects: beverage industry, clothing industry, cosmetic product, economic concentration, investment company, jewellery and goldsmith's articles, merger control, shopping centre








C_2012183EN.01001501.xml










23.6.2012   


EN


Official Journal of the European Union


C 183/15





Prior notification of a concentration
(Case COMP/M.6630 — L Capital/Paladin/Cigierre-Compagnia Generale Ristorazione)
Candidate case for simplified procedure
(Text with EEA relevance)
2012/C 183/08






1.


On 15 June 2012, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings L Capital Management S.A.S. (‘L Capital’), France, a subsidiary of LVMH — Moet Hennessy Louis Vuitton (‘LVMH’), France, and Paladin Capital Partners SpA (‘Paladin’), Italy, a subsidiary of the Carisma Group (‘Carisma’), Italy, acquire within the meaning of 3(1)(b) of the Merger Regulation joint control, by way of purchase of shares, of Cigierre-Compagnia Generale Ristorazione SpA (‘CGR’), Italy.










2.


The business activities of the undertakings concerned are:






—


L Capital is a private equity company, which invests in companies active in various sectors,










—


LVMH is active in the sectors of wine and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry and selective retailing,










—


Paladin is a holding company with controlling interests in companies active in various sectors,










—


Carisma Group is a holding and investment company with interests in mainly small and medium sized firms in various sectors,










—


CGR is developing and managing multiethnic restaurants formats located mainly inside malls.














3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.










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. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6630 — L Capital/Paladin/Cigierre-Compagnia Generale Ristorazione, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




J-70




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).