Prior notification of a concentration (Case M.10592 – KKR / KÖRBER / KÖRBER SUPPLY CHAIN SOFTWARE MANAGEMENT) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 44/12
Date: 2022-01-28
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, holding company, investment company, merger control, pharmaceutical industry, robotics, software, supply chain, tobacco industry








C_2022044EN.01002801.xml










28.1.2022   


EN


Official Journal of the European Union


C 44/28






Prior notification of a concentration
(Case M.10592 – KKR / KÖRBER / KÖRBER SUPPLY CHAIN SOFTWARE MANAGEMENT)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 44/12)

1.   
On 21 January 2022, 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:






—


KKR & Co Inc. (together with its subsidiaries ‘KKR’, US),










—


Körber AG (‘Körber’, Germany),










—


Körber Supply Chain Software Management GmbH (the ‘Target’, Germany), which is currently controlled by Körber




KKR and Körber will acquire within the meaning of Article 3(1)(b) of the Merger Regulation control part(s) of the Target.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned:






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for KKR: global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR sponsors investment funds that invest in private equity, credit and real assets and have strategic partners that manage hedge funds,










—


for Körber AG: strategic management holding, offeringall kinds of products, solutions and services through its five business areas Digital, Pharma, Supply Chain, Tissue and Tobacco. Körber’s shares are wholly owned by Körber Stiftung, a private German foundation,










—


for the Target: provides supply chain execution software through its comprehensive technology solutions such as software, and enabling technology such as robotics and voice control.






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 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.10592 - KKR / KÖRBER / KÖRBER SUPPLY CHAIN SOFTWARE MANAGEMENT
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.