Prior notification of a concentration (Case M.8094 — BNP Paribas Fortis Private Equity Belgium/Sofindev IV/DHAM/Novy International) — Candidate case for simplified procedure (Text with EEA relevance)
Date: 2016-06-30
Institutions: European Commission
Subjects: economic concentration, household electrical appliance, merger control, processing industry








C_2016236EN.01004801.xml










30.6.2016   


EN


Official Journal of the European Union


C 236/48





Prior notification of a concentration
(Case M.8094 — BNP Paribas Fortis Private Equity Belgium/Sofindev IV/DHAM/Novy International)
Candidate case for simplified procedure
(Text with EEA relevance)
(2016/C 236/14)






1.


On 21 June 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which BNP Paribas Fortis Private Equity Belgium NV (‘BNPPF PE’, Belgium), Sofindev IV NV (‘Sofindev’, Belgium) and DHAM NV (‘Korys/Colruyt Group’, Belgium) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Novy International NV (‘Novy’, Belgium) by way of purchase of shares.










2.


The business activities of the undertakings concerned are:
—   for BNPPF PE: private equity and mezzanine financing. Its portfolio companies operate in sectors such as metal and plastic supply and manufacturing, university seed capital funds, bakery products, industrial service provider and real estate;
—   for Sofindev: private equity investments in Belgian small and medium sized enterprises. Its portfolio companies are active in the distribution of roofing and façade materials and the development of location-based software solutions;
—   for Korys/Colruyt Group: retail, wholesale and foodservice markets. It also has activities in software solutions, sustainable/renewable energy projects and the medical/life sciences market;
—   for Novy: design, manufacturing and marketing of high-end kitchen appliances, mainly cooker hoods.










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 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 this 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 M.8094 — BNP Paribas Fortis Private Equity Belgium/Sofindev IV/DHAM/Novy International, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










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

(2)  OJ C 366, 14.12.2013, p. 5.