Prior notification of a concentration (Case M.9402 — Patrizia/KGAL/HIH/CVV/KW/RW/Control.IT) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2019-07-16
Institutions: European Commission
Subjects: consultancy, economic concentration, investment company, merger control, real estate business, software








C_2019239EN.01000601.xml










16.7.2019   


EN


Official Journal of the European Union


C 239/6






Prior notification of a concentration
(Case M.9402 — Patrizia/KGAL/HIH/CVV/KW/RW/Control.IT)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 239/07)

1.   
On 9 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:






—


Patrizia Acquisition Holding delta GmbH, controlled by Patrizia AG (jointly referred to as ‘Patrizia’, Germany),










—


KGAL GmbH & Co. KG (‘KGAL’, Germany),










—


HIH Real Estate GmbH (‘HIH’, Germany),










—


control.IT Unternehmensberatung GmbH (‘control.IT’, Germany).




Patrizia, KGAL and the current shareholders of control.IT – HIH and Jan Körner (via control.IT Vermögensverwaltungs KG, ‘CVV’), Klaus Weinert (‘KW’), Rieks Westers (‘RW’) – acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of control.IT.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:
—   Patrizia: active on the German and European real estate market, mostly indirectly through investment companies,
—   KGAL: asset management firm providing real capital investments in the areas of real estate, aeroplanes and infrastructure (in particular renewable energies),
—   HIH: provides real estate investment services in Germany and Europe, for example in the areas of asset and portfolio management and property management,
—   control.IT: German software- and IT-consulting firm providing software solutions for asset and portfolio management.


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.9402 — Patrizia/KGAL/HIH/CVV/KW/RW/Control.IT
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.