Prior notification of a concentration (Case M.10910 – Macquarie / Aberdeen / AIP / Certain MásMóvil Assets) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 409/12
Date: 2022-10-25
Institutions: Directorate-General for Competition, European Commission
Subjects: Internet access provider, Spain, banking, economic concentration, financial services, investment, investment company, merger control, provision of services, wholesale trade








C_2022409EN.01001701.xml










25.10.2022   


EN


Official Journal of the European Union


C 409/17






Prior notification of a concentration
(Case M.10910 – Macquarie / Aberdeen / AIP / Certain MásMóvil Assets)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 409/12)

1.   
On 17 October 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:






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Macquarie Asset Holdings Limited (‘Macquarie’, United Kingdom),










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Aberdeen Infrastructure (Holdco) IV B.V. and Aberdeen Infrastructure (Holdco) IV-A B.V. (together ‘Aberdeen’, the Netherlands),










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Arjun Infrastructure Partners Limited (‘AIP’, United Kingdom),










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A Fibre-to-the-home (‘FTTH’) network (‘Certain MásMóvil Assets’, Spain) currently owned by MásMóvil Broadband S.A.U.




Macquarie, Aberdeen and AIP will acquire within the meaning of Article 3(1)(b) and 3(2) of the Merger Regulation indirect joint control through Uclés Infraco, S.L. (‘Uclés Infraco’, Spain) of certain MásMóvil Assets.
The concentration is accomplished by way of purchase of assets.


2.   
The business activities of the undertakings concerned are the following:






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Macquarie is a global investment, banking and financial services provider active in a diverse range of businesses, including investing in a wide range of sectors such as resources and commodities, energy, financial institutions, infrastructure and real estate,










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Aberdeen is an asset manager that has under management diversified asset classes namely equities, fixed income, property, infrastructure and private equity. It is active across a wide range of sectors, including transportation, social infrastructure, waste and water treatment and clean energy production networks,










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AIP is an independent asset management company dedicated to executing and managing mid-market infrastructure investments. Through its controlled portfolio companies, AIP is active across different sectors including transport (ferry operator and motorway service business), renewable energy (solar platforms, offshore and onshore wind, bio-energy plants, water and wastewater companies), regulated sectors (integrated power utility and energy distribution) and digital infrastructure (fibre).










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Certain MásMóvil Assets consisting of a FTTH network that will be operated by Uclés Infraco with the support of its sister company Pentacom Investments (Spain) Opco, S.L.U. (‘Onivia’, Spain) (both also jointly controlled by Macquarie, Aberdeen and AIP) to provide wholesale broadband internet access services to Internet Service Providers so that these can provide in turn retail internet services to final costumers. Onivia (together with Uclés Infraco), is a neural infrastructure operator active in the provision of wholesale broadband access services in Spain.






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.10910 – Macquarie / Aberdeen / AIP / Certain MásMóvil Assets
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.