CELEX: 32019M9219
Language: en
Date: 2019-02-18 00:00:00
Title: Commission Decision of 18/02/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9219 - THE BLACKSTONE GROUP L.P. / SRETAW 2 LIMITED / BEAUPARC UTILITIES HOLDINGS LIMITED) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 18.2.2019
                                                                C(2019) 1496 final
                                                                           PUBLIC VERSION
                                                                To the notifying parties:
Subject:        Case M.9219 – BLACKSTONE / SRETAW / BEAUPARC
                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 25 January 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the companies The
        Blackstone Group L.P. ("Blackstone", USA) and Sretaw 2 Limited ("Sretaw", Ireland)
        acquire, within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation, joint
        control over Beauparc Utilities Holdings Limited ("Beauparc", Ireland) by way of purchase
        of shares.3
2.      The business activities of the undertakings concerned are:
        —          Blackstone is a global alternative asset manager headquartered in the US;
        —          Sretaw currently owns 100% of Beauparc and has no operations other than owning
                   100% of the share capital in Beauparc;
        —          Beauparc operates primarily in the waste recycling, and utilities sectors in Ireland,
                   the United Kingdom and the Netherlands.
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 47, 6.2.2019, p. 12.
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(b) 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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