CELEX: 32020M9899
Language: en
Date: 2020-08-20 00:00:00
Title: Commission Decision of 20/08/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.9899 - KKR / KOOS HOLDING COOPERATIEF) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 20.08.2020
                                                                C(2020) 5822 final
                                                                                 PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.9899 – KKR / KOOS HOLDING COOPERATIEF
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 24 July 2020, the European Commission received notification of a proposed
        concentration pursuant to Article 4 the Merger Regulation by which the undertaking
        KKR & Co. Inc. (“KKR”, United States) acquires within the meaning of Article
        3(1)(b) of the Merger Regulation sole control of the whole of the undertaking Koos
        Holding Coöperatief U.A. (“Koos Holding”, the Netherlands) by way of purchase of
        shares.3
2.      The business activities of the undertakings concerned are:
             for KKR: global investment firm, which offers a broad range of alternative asset
              funds and other investment products to investors and provides capital markets
              solutions for the firm, its portfolio companies and other clients,
             for Koos Holding: development and refurbishing of holiday parks, which it either
              manages and operates itself or for which it partners with the operator to act as
              booking agent. The holiday parks are operated under the “Roompot” brand and
              range from basic campsites offering tents or bungalow accommodation to a
              selection of more upscale villas. Koos Holding Operates parks in the Netherlands
              and Germany and is active as a booking agent for parks in the Netherlands,
              Belgium, France, Italy, Spain and Denmark.
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
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 251, 31.07.2020, p. 20.
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---    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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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