CELEX: 32018M8931
Language: en
Date: 2018-06-22 00:00:00
Title: Commission Decision of 22/06/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8931 - MALAKOFF MEDERIC / ILMARINEN) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 22.06.2018
                                                                C(2018) 4045 final
                                                                   PUBLIC VERSION
                                                                To the notifying parties:
Subject:        Case M.8931 - MALAKOFF MEDERIC / ILMARINEN
                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 30 May 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the undertakings
        Malakoff Médéric Group (France) and Ilmarinen Mutual Pension Insurance Company
        (Finland) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint
        control over the whole of the undertaking Alto 1 S.à.r.l. (Luxembourg), pre-transaction
        jointly controlled by Extensa Group N.V. (Luxembourg) and Promobe Finance-SPF
        (Luxembourg), by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             − for Malakoff Médéric Group: management of supplementary pension schemes and
                 providing insurance services.
             − for Ilmarinen Mutual Pension Insurance Company: providing mutual employment
                 pension insurance for employees and self-employed persons.
             − Alto 1 S.à.r.l.: holding and renting out a real estate asset currently under
                 construction.
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 193, 06.06.2018, 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--- 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(a)
   and 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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