Prior notification of a concentration (Case M.9036 — Advent International Corporation/GE (Distributed Power Business)) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2018-08-28
Institutions: European Commission
Subjects: economic concentration, engine, investment company, mechanical engineering, merger control, provision of services, spare part








C_2018302EN.01002001.xml










28.8.2018   


EN


Official Journal of the European Union


C 302/20






Prior notification of a concentration
(Case M.9036 — Advent International Corporation/GE (Distributed Power Business))
Candidate case for simplified procedure
(Text with EEA relevance)
(2018/C 302/11)

1.   
On 20 August 2018, 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:






—


Advent International Corporation (United States);










—


GE Distributed Power, Inc. (‘GE DP’, United States);










—


General Electric Austria GmbH (‘GE Austria’, Austria);










—


Jenbacher International BV (‘Jenbacher International’, The Netherlands).




Advent International Corporation acquires, within the meaning of Article 3(1)(b) of the Merger Regulation, sole control over GE DP, GE Austria and Jenbacher International (together ‘GE Distributed Power Business’).
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


Advent International Corporation is a private equity investor with holdings in various sectors, including financial services, industrial goods and services, consumer goods, media and telecommunication, leisure services, healthcare and pharmaceuticals;










—


GE Distributed Power Business manufactures and sells reciprocating gas engines, and it provides aftermarket services related to these engines, including the supply of spare parts.






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 the 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.9036 — Advent International Corporation/GE (Distributed Power Business)
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





Email: 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.