Prior notification of a concentration (Case M.11226 – DIGITALBRIDGE / OMERS / BEANFIELD) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 299/04
Date: 2023-08-24
Institutions: Directorate-General for Competition, European Commission
Subjects: Internet, broadcasting, cloud computing, economic concentration, investment company, merger control, software, systems interconnection, telecommunications








C_2023299EN.01000401.xml










24.8.2023   


EN


Official Journal of the European Union


C 299/4






Prior notification of a concentration
(Case M.11226 – DIGITALBRIDGE / OMERS / BEANFIELD)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 299/04)

1.   
On 4 August 2023, 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:






—


OMERS Administration Corporation (‘OMERS’, Canada),










—


DigitalBridge Group, Inc. (‘DigitalBridge’, US),










—


Beanfield Technologies Inc. (‘Beanfield’, Canada), controlled by DigitalBridge.




OMERS and DigitalBridge will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Beanfield.
The concentration is accomplished by way of purchase of shares.


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






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OMERS is the administrator of the Ontario Municipal Employees Retirement System Primary Pension Plan, which is a Canadian pension fund founded in 1962. OMERS invests in a range of public and private investment products and services.










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DigitalBridge is a digital infrastructure investment firm that invests, directly and through its portfolio companies, in five key areas: (i) data centres; (ii) cell towers; (iii) fibre networks; (iv) small cells; and (v) edge infrastructure.










—


Beanfield carries out several activities in the fields of electronic communications and connectivity, such as fibre optic connectivity, interned and internet-related services, cloud hosting, data centre services, colocation and voice over internet protocol, primarily for greater Canadian metropolitan areas.






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.11226 – DIGITALBRIDGE / OMERS / BEANFIELD
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
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.