CELEX: 32013M6914
Language: en
Date: 2013-05-24 00:00:00
Title: Commission Decision of 24/05/2013 declaring a concentration to be compatible with the common market (Case No COMP/M.6914 - POSSEHL / COOKSON EUROPEAN PRECIOUS METALS BUSINESS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

|

32013M6914

Commission Decision of 24/05/2013 declaring a concentration to be compatible with the common market (Case No COMP/M.6914 - POSSEHL / COOKSON EUROPEAN PRECIOUS METALS BUSINESS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION      |
             Brussels, 24.5.2013
             C(2013) 3180 final
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
             |To the notifying party: |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6914 - POSSEHL/ COOKSON EUROPEAN PRECIOUS METALS BUSINESS Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 22 April 2013, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by the undertaking L. Possehl Co. & mbH ('Possehl', Germany), via its subsidiary Heimerle+Meule GmbH (Germany), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Cookson European Precious Metals Business (United Kingdom) by way of purchase of shares.
            2.  The business activities of the undertakings concerned are:
              - for Possehl: investing in diverse industrial companies active in a variety of different industries, including precious metal processing.
              - for Cookson European Precious Metals Business: supply of fabricated precious metals to the jewellery industry, production of investment products and providing precious metals refining services [2]  .
            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 [3]  .  
            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.
             For the Commission (signed)
             Alexander ITALIANER 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]  Publication in the Official Journal of the European Union No C 122, 27.4.2013, p.34.
            [3] OJ C 56, 5.3.2005, p. 32.