Prior notification of a concentration (Case M.8759 — CEFC/Rockaway Capital/European Bridge Travel) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2017-12-22
Institutions: European Commission
Subjects: economic concentration, energy industry, financial services, holding company, investment company, merger control, metallurgical industry, miscellaneous industries, provision of services, tourism








C_2017441EN.01002101.xml










22.12.2017   


EN


Official Journal of the European Union


C 441/21





Prior notification of a concentration
(Case M.8759 — CEFC/Rockaway Capital/European Bridge Travel)
Candidate case for simplified procedure
(Text with EEA relevance)
(2017/C 441/14)






1.


On 11 December 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


the CEFC Group (Europe) Company a.s. (‘CEFC Europe’, Czech Republic), belonging to the group CEFC China Energy Company Limited (‘CEFC’, People’s Republic of China),










—


Rockaway Capital SE (‘Rockaway Capital’, Czech Republic),










—


European Bridge Travel a.s. (‘EBT’, Czech Republic).




CEFC Europe and Rockaway Capital acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of EBT.
The concentration is accomplished by way of purchase of shares.










2.


The business activities of the undertakings concerned are:
—   for undertaking CEFC Europe: this undertaking is part of the CEFC group, which is a private company specialising in energy services and financial services. Within the EU, the CEFC group operates on the markets in metals, engineering products, brewing, hotels, property rental (office premises and retail outlets) and sports (football) club management; it is currently branching into financial and banking services.
—   for undertaking Rockaway Capital: this undertaking invests in existing companies and start-ups in the field of internet services, including e-commerce.
—   for undertaking EBT: EBT is a holding company that indirectly controls other companies that provide tourism-related services, in particular the sale of package holidays operated by third parties, the on-line sale of air tickets and the brokerage of travel insurance (which, however, is provided only as a complementary service accompanying the sale of holidays; it is not offered separately).










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 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. The following reference should always be specified:
M.8759 — CEFC/Rockaway Capital/European Bridge Travel
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





E-mail:




COMP-MERGER-REGISTRY@ec.europa.eu




Fax:




+32 22964301




Postal 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.