Prior notification of a concentration (Case M.10020 — Korian/VYV/Technosens Evolution) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 154/09
Date: 2021-04-30
Institutions: Directorate-General for Competition, European Commission
Subjects: care for the elderly, economic concentration, holding company, insurance company, investment company, merger control, social facilities, subsidised housing








C_2021154EN.01001501.xml










30.4.2021   


EN


Official Journal of the European Union


C 154/15






Prior notification of a concentration
(Case M.10020 — Korian/VYV/Technosens Evolution)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 154/09)

1.   
On 22 April 2021, 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:






—


Korian Solutions SAS (‘Korian Solutions’, France), belonging to the Korian Group (France),










—


VYV Invest SAS (‘VYV Invest’, France), belonging to the VYV Group (France),










—


Technosens Evolution SAS (‘Technosens Evolution’, France), controlled by Korian Solutions.




Korian Solutions and VYV Invest acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Technosens Evolution.
The concentration is accomplished by way of contract or any other means.


2.   
The business activities of the undertakings concerned are:






—


for the Korian Group: provides care and support services for elderly and vulnerable people (nursing homes, clinics, assisted living and in-home care services) in France, Belgium, Germany, Spain, Italy and the Netherlands. Korian Solutions is the digital agency of the Korian Group, set up to accelerate the integration of digital technology into its business,










—


for the VYV Group: French health and social protection insurance group. Its activities range from insurance (health, pension and disability) to care services (healthcare and service establishments). It also operates in the housing and social housing sector in France, Spain, Italy and Portugal. VYV Invest is the VYV Group’s strategic investment holding company,










—


for Technosens Evolution: company engaging in research, development and installation of ergonomic digital solutions for residential facilities for the elderly (nursing homes, assisted living facilities, etc.) in France.






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 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 any observations they may have on the proposed transaction to the Commission.
Observations must reach the Commission no later than ten days following the date on which this notification is published. The following reference should always be specified:
M.10020 — Korian/VYV/Technosens Evolution
Observations can be sent to the Commission by e-mail, 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.