Prior notification of a concentration (Case M.9230 — Allianz/DIF/Infrared Capital Partners/Daiwater) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2019-01-21
Institutions: European Commission
Subjects: economic concentration, financial services, holding company, insurance company, investment company, merger control, parent company, wastewater, water supply








C_2019024EN.01001901.xml










21.1.2019   


EN


Official Journal of the European Union


C 24/19






Prior notification of a concentration
(Case M.9230 — Allianz/DIF/Infrared Capital Partners/Daiwater)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 24/09)

1.   
On 10 January 2019, 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:






—


Allianz Infrastructure Luxembourg I S.A.R.L. (‘Allianz’, Luxembourg), controlled by Allianz SE (Germany),










—


DIF Tamblin Limited (‘DIF Shareholder’, England and Wales), controlled by DIF Management Holding BV (‘DIF’ the Netherlands),










—


Infrastructure Investments (Affinity) Limited (‘Infrared Shareholder’, England and Wales), controlled by InfraRed Capital Partners (Holdco) Limited (‘InfraRed’, UK),










—


Daiwater Investment Limited (‘Daiwater’, UK).




Allianz, DIF Shareholder and Infrared Shareholder acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control over the whole of Daiwater.
The concentration is accomplished by way of contract or any other means.


2.   
The business activities of the undertakings concerned are:






—


Allianz SE is the parent company of the Allianz Group which is a global financial services group active in insurance and asset management,










—


DIF is an independent fund management company,










—


InfraRed is an investment manager focused on infrastructure and real estate,










—


Daiwater is the holding company of Affinity Water Limited (‘AWL’) and Affinity for Business (Retail) Limited (‘AfB’). The principal activities of these entities relate to the provision of water supply and, in the case of AfB only, sewage systems as well.






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.9230 — Allianz/DIF/Infrared Capital Partners/Daiwater
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.