Prior notification of a concentration (Case M.9271 — 3i Group/TIIC Management/Aberdeen Infrastructure/DirectRoute (Fermoy)) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2019-04-05
Institutions: European Commission
Subjects: economic concentration, investment company, land transport, merger control, transport infrastructure








C_2019126EN.01000501.xml










5.4.2019   


EN


Official Journal of the European Union


C 126/5






Prior notification of a concentration
(Case M.9271 — 3i Group/TIIC Management/Aberdeen Infrastructure/DirectRoute (Fermoy))
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 126/06)

1.   
On 29 March 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:






—


3i Group plc (‘3i’, United Kingdom),










—


TIIC Management S.à.r.l. (‘TIIC Management’, Luxembourg),










—


Aberdeen Infrastructure Partners LP Inc (‘AIPLP’, Guernsey),










—


DirectRoute (Fermoy) Holdings Limited (‘Fermoy HoldCo’, Ireland), having sole control over DirectRoute (Fermoy) Limited (‘FermoyCo’, Ireland).




3i, TIIC Management and AIPLP acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of Fermoy HoldCo.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:
—   for 3i: international investment company with two complementary businesses, Private Equity and Infrastructure, specialising in core investment markets in northern Europe and North America,
—   for TIIC Management: a pan-European infrastructure firm investing into mid-market infrastructure projects across Europe in both the transportation and social sectors,
—   for AIPLP: investment portfolio consisting of Private Finance Initiative and Public Private Partnerships (PPP) assets,
—   for Fermoy HoldCo: parent company of FermoyCo, which is active in the operation and maintenance of the M8 Rathcormac/Fermoy Bypass in Ireland for 30 years pursuant to a concession contract awarded in 2004.


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.9271 — 3i Group/TIIC Management/Aberdeen Infrastructure/DirectRoute (Fermoy).
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.