Prior notification of a concentration (Case M.10008 — Egeria/Parcom/Wood Holdingco JV) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 5/19
Date: 2021-01-07
Institutions: Directorate-General for Competition, European Commission
Subjects: building materials, economic concentration, investment company, merger control, wood industry








C_2021005EN.01002101.xml










7.1.2021   


EN


Official Journal of the European Union


C 5/21






Prior notification of a concentration
(Case M.10008 — Egeria/Parcom/Wood Holdingco JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 5/19)

1.   
On 23 December 2020, 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:






—


Egeria Capital Management B.V. (‘Egeria’, The Netherlands);










—


Parcom Buy-Out Fund V Coöperatief U.A. (‘Parcom’, The Netherlands);










—


Tuindeco Topco B.V., controlled by Egeria (‘Tuindeco’, The Netherlands);










—


Outdoor Life Group, controlled by Parcom (‘OLG’, The Netherlands).




Egeria and Parcom acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly formed full-function joint venture into which the respective businesses of Tuindeco and OLG will be transferred.
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.


2.   
The business activities of the undertakings concerned are:






—


for Egeria: investment company active in three investment areas: (i) private equity, (ii) commercial and residential real estate and (iii) participations in listed companies,










—


for Parcom: private equity investment firm investing mainly in medium-sized companies in the Benelux,










—


for Tuindeco: active in the production, wholesale and retail supply of garden wood and related products such as log cabins, shelters, saunas, playground equipment and garden furniture,










—


for OLG: active in the field of production, wholesale and retail supply of wood, garden timber and garden houses and related products.






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.10008 — Egeria/Parcom/Wood Holdingco JV
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.