Prior notification of a concentration (Case M.11471 – INVESTINDUSTRIAL / FASSI HOLDING) – Candidate case for simplified procedure
Date: 2024-02-23
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, health care, hoisting equipment, holding company, industrial manufacturing, investment company, leisure, merger control, processing industry, sale








C_202401741EN.000101.fmx.xml












Official Journal of the European Union


EN
Series C













C/2024/1741


23.2.2024






Prior notification of a concentration
(Case M.11471 – INVESTINDUSTRIAL / FASSI HOLDING)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/1741)


1.   
On 15 February 2024, 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:






—


Investindustrial S.A. (Investindustrial, Luxembourg),










—


Fassi Holding S.r.l. (Fassi Holding, Italy), solely controlled by Gestioni S.p.A. (Gestioni, Italy), ultimately controlled by the natural person Mr. Giovanni Fassi.




Investindustrial will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Fassi Holding.
The concentration is accomplished by way of purchase of shares.


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






—


Investindustrial is a European investment group of independently managed investment, holding and financial advisory companies. Its portfolio focuses on three main investment areas: consumer and leisure, healthcare and services, and industrial manufacturing.










—


Fassi Holding is the holding of the Fassi group, which is active at the worldwide level mainly in the manufacturing and sale of (i) loader cranes and (ii) hooklifts and skiploaders.






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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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.11471 – INVESTINDUSTRIAL / FASSI HOLDING
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 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2024/1741/oj
ISSN 1977-091X (electronic edition)