Prior notification of a concentration (Case M.9428 — Triton/Royal Reesink Group) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2019-07-15
Institutions: European Commission
Subjects: agricultural machinery, construction equipment, economic concentration, investment company, lease, machinery, maintenance, merger control








C_2019237EN.01007301.xml










15.7.2019   


EN


Official Journal of the European Union


C 237/73






Prior notification of a concentration
(Case M.9428 — Triton/Royal Reesink Group)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 237/05)

1.   
On 5 July 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:






—


Triton Managers V Limited (Jersey), Triton Fund V GP S.à r.l. (Luxembourg), and TFF V Limited (Jersey) (together referred to as ‘Triton Fund V’),










—


Royal Reesink B.V. (the Netherlands) and its subisidaries (together referred to as ‘Royal Reesink Group’).




Triton Fund V acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Royal Reesink Group.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


Triton Fund V belongs to a group of independent European private equity funds managed and advised by the Triton group (collectively ‘Triton’, Channel Islands). The private equity funds managed by the Triton group, including Triton Fund V, are dedicated to investing primarily in medium-sized businesses headquartered in Northern Europe, with particular focus on businesses in three core sectors: Business Services, Industrials and Consumer/Health,










—


Royal Reesink Group is a distributor of branded machinery and equipment, namely machinery for agriculture and horticulture, landscape maintenance, material handling and civil engineering applications, providing also maintenance and technical support services, and rental solutions. It is also a distributor of hydraulic components and systems.






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.9428 — Triton/Royal Reesink Group
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.