CELEX: 32003M3139
Language: en
Date: 2003-04-10 00:00:00
Title: Commission Decision of 10/04/2003 declaring a concentration to be compatible with the common market (Case No COMP/M.3139 - CARLYLE / BREED TECHNOLOGIES) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Important legal notice

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32003M3139

Commission Decision of 10/04/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3139 - CARLYLE / BREED TECHNOLOGIES) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 100 , 26/04/2003 P. 0023 - 0023

		Brussels, 10/04/2003SG (2003) D/229373To the Notifying PartiesDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.3139 – Carlyle / Breed TechnologiesNotification of 14/03/2003 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1]Publication in the Official Journal of the European Communities No. C 71, 25/03/2003, page 41. On 14.03.2003, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which the undertaking Carlyle Management Group I, L.P. (“Carlyle”, USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Breed Technologies, Inc (“Breed”, USA) by way of purchase of shares.2. The business activities of the undertakings concerned are :- for Carlyle : private investment group- for Breed : design, development, production and sale of components used in integrated occupant protection systems, steering wheels, car accessories and electronics.3. 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].4. 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 Commission(signed)Mario MONTIMember of the Commission[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.[2] OJ C 217, 29.07.2000, p. 32.--------------------------------------------------