CELEX: 32016M8045
Language: en
Date: 2016-06-16 00:00:00
Title: Commission Decision of 16/06/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8045 - BOSKALIS / VOLKER WESSELS OFFSHORE BUSINESS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 16.06.2016
                                        C(2016) 3831 final

|PUBLIC VERSION                                   |
|                                                 |
|SIMPLIFIED MERGER PROCEDURE                      |

                                        To the notifying party

Dear Sirs,

Subject:    Case M.8045 – BOSKALIS / VOLKER WESSELS OFFSHORE BUSINESS
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 20 May 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation  by
    which the undertaking Royal Boskalis Westminster NV ('Boskalis', The Netherlands) acquires within the meaning  of  Article  3(1)(b)  of  the
    Merger Regulation sole control of the whole of the undertakings Stemat Holding B.V. ('Stemat', The Netherlands), Volker Stevin International
    Holding B.V., ('VSI', The Netherlands) and VBMS Holding B.V. ('VBMS', The Netherlands), (together 'Volker Wessels  Offshore  business'),  by
    way of purchase of shares.[3]

 2. The business activities of the undertakings concerned are:

      – for Boskalis: dredging, offshore installation, offshore transport, towage  and  salvage  as  well  as  inland  infrastructure.  Boskalis’
        services are primarily offered to the oil and gas sector, the wind energy sector, ports and to projects related to land  reclamation  and
        coastal protection,

      – for Volker Wessels Offshore business: rental and lease of commodity  vessels,  installation,  maintenance  and  replacement  services  of
        subsea power cables and multipurpose cables, and offshore construction  services.  These  services  are  predominantly  provided  to  the
        offshore wind energy sector.

 3. After examination of the notification, the European Commission has concluded that the notified operation  falls  within  the  scope  of  the
    Merger Regulation and of paragraph 5(c) of the Commission Notice on a simplified procedure for treatment  of  certain  concentrations  under
    Council Regulation (EC) No 139/2004.[4]

 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose  the  notified  operation
    and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b)
    of the Merger Regulation and Article 57 of the EEA Agreement.

                                        For the Commission

                                        (signed)
                                        Johannes LAITENBERGER
                                        Director-General
-----------------------
[1]   OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the Functioning of the  European  Union
    ('TFEU') has introduced certain changes, such as the replacement of 'Community' by 'Union' and 'common market'  by  'internal  market'.  The
    terminology of the TFEU will be used throughout this decision.

[2]   OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').

[3]   Publication in the Official Journal of the European Union No C 192, 31.5.2016, p. 5.

[4]   OJ C 366, 14.12.2013, p. 5.