CELEX: 32001M2593
Language: en
Date: 2001-10-11 00:00:00
Title: Commission Decision of 11/10/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2593 - 3 i / OKO BANK / UNIGLASS ENGINEERING) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Avis juridique important

|

32001M2593

Commission Decision of 11/10/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2593 - 3 i / OKO BANK / UNIGLASS ENGINEERING) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 364 , 20/12/2001 P. 0015 - 0015

Commission Decision of 11/10/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2593 - 3 i / OKO BANK / UNIGLASS ENGINEERING) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)To the notifying partiesDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.2593 - 3 I/OKO BANK/UNIGLASS ENGINEERING Notification of 10.9.2001 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 263, p. 23 of 19/9/2001[1]   OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.1. On 10.9.2001, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which 3I Group, via its subsidiary SFK 99-Rahasto Ky (Finland), and OKO Bank Group, via its subsidiary  Promotion Capital I Ky (Finland), acquired within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Uniglass Engineering Oy (Finland) by way of purchase of shares. The business activities of the undertakings concerned are : - for undertaking SFK 99-Rahasto Ky: investment fund belonging to the 3I Group - for undertaking Promotion Capital I Ky: investment fund belonging to the OKO Bank Group - for undertaking Uniglass Engineering Oy: manufacturing of machinery for the glass processing industry; manufacturing of safety glass2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph b of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].  [2]   OJ C 217, 29.07.2000, p. 32.3. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement.  This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.For the CommissionSigned, Mario MONTI Member of the Commission