do-me/EUR-LEX huggingface dataset:
Prior notification of a concentration (Case M.10393 — Brookfield/Modulaire) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 333/04
Date: 2021-08-19
Institutions: Directorate-General for Competition, European Commission
Subjects: building, economic concentration, investment company, merger control, property market, provision of services








C_2021333EN.01000501.xml










19.8.2021   


EN


Official Journal of the European Union


C 333/5






Prior notification of a concentration
(Case M.10393 — Brookfield/Modulaire)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 333/04)

1.   
On 10 August 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:






—


BCP V Modular Services Holdings IV Limited (‘Modular Holdings’, United Kingdom), indirectly controlled by Brookfield Asset Management Inc. (‘Brookfield’, Canada),










—


Modulaire Investments 2 S.A. R.L.H (‘Modulaire’, Luxembourg).




Modular Holdings acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Modulaire.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for Modular Holdings: investment entity created for the purpose of the acquisition of Modulaire; for Brookfield: global asset management with a focus on real estate, infrastructure, renewable power and private equity.










—


for Modulaire: infrastructure services and sale of modular buildings under the brand names Algeco in Europe and Scandinavia, as well as Elliott, Advanté and Carter in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in the Netherlands, Ausco in Australia, Portacom in New Zealand and Algeco Chengdong in China.






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.10393 — Brookfield/Modulaire
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.