CELEX: 32019M9321
Language: en
Date: 2019-05-29 00:00:00
Title: Commission Decision of 29/05/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9321 - Monaco Resources Group S.A.M. / Participatie Maatschappij Vlaanderen NV / Société fédérale de participations et d'investissement SA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 29.5.2019
                                                                C(2019) 4186 final
                                                                                      PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9321 – MRG/PMV/SFPI-FPIM/Euroports
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                             2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 17 April 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Monaco Resources
        Group (‘MRG’, Monaco), Participatie Maatschappij Vlaanderen (‘PMV’, Belgium) and
        Société fédérale de participations et d’investissement - Federale participatie -en
        investeringsmaatschappij (‘SFPI-FPIM’, Belgium), acquire within the meaning of Article
        3(1)(b) of the Merger Regulation joint control of the whole of Euroports Holdings S.à r.l.
        (‘Euroports’, Luxembourg). The concentration is accomplished by way of purchase of
        shares.3
2.      The business activities of the undertakings concerned are:
        - for MRG: international and diversified natural resources group active in metals and
             minerals, agribusiness, energy, logistics and technology as well as finance and
             investments,
        - for PMV: investment company fully owned by the Flemish region and mainly active in
             financing for entrepreneurs, start-ups and growth companies as well as infrastructure,
             real estate and energy investments,
        - for SFPI-FPIM: investment company fully owned by the Belgian State investing in
             public and private enterprises of strategic interest to the Belgian State,
        - for Euroports: provides terminal operations, freight forwarding and value-added
             services such as processing, customisation, bagging or packaging.
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 146, 26.04.2019, p. 11.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 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
4  OJ C 366, 14.12.2013, p. 5.
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