Prior notification of a concentration (Case M.10650 – EGERIA / ISOPLUS GROUP / BRUGG / ISOPLUS JV) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 157/08
Date: 2022-04-11
Institutions: Directorate-General for Competition, European Commission
Subjects: air conditioning, consultancy, economic concentration, heating, investment company, merger control, pipeline transport, project management, water








C_2022157EN.01002101.xml










11.4.2022   


EN


Official Journal of the European Union


C 157/21






Prior notification of a concentration
(Case M.10650 – EGERIA / ISOPLUS GROUP / BRUGG / ISOPLUS JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 157/08)

1.   
On 1 April 2022, the Commission received notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Egeria Group AG (‘Egeria’, Switzerland);










—


Isoplus Fernwärmetechnik GmbH (Germany), Isoplus Fernwärmetechnik Vertriebsgesellschaft mbH (Germany), ISOPLUS Managementgesellschaft mbH (Germany), Isoplus Fernwärmetechnik Gesellschaft m.b.H. (Austria), Isoplus Távhővezetőgyártó Korlátolt Felelősségű Társaság (Hungary), together ‘Isoplus Group’;










—


BRUGG Rohrsysteme GmbH (‘BRUGG’, Germany);










—


ISOBRUGG Stahlmantelrohr GmbH (‘Isoplus JV’, Germany), a joint venture controlled by Holding für Fernwärmetechnik Beteiligungsgesellschaft mbH (‘HFB’, Germany); and BRUGG.




Egeria will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Isoplus Group and joint control of the whole of Isoplus JV, together with BRUGG.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned:






—


for Egeria: investment company active in private equity, commercial and residential real estate, and participations in listed companies, with a focus on the Netherlands and the DACH region;










—


for Isoplus Group and Isoplus JV: manufacturing and distribution of pre-insulated piping systems, mainly for district heating and district cooling and to a limited extent also for industrial applications for flowing medium (such as food and chemistry), oil pipeline, bioenergy, agriculture and network monitoring, with a focus on Central Europe;










—


for BRUGG: active in the local heating, district heating, cooling, cold water, industrial, filling station and tank facility sectors, ranging from advice about laying right through to project management and installation, with a focus on Central Europe.






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.10650 – EGERIA / ISOPLUS GROUP / BRUGG / ISOPLUS 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.