CELEX: 32006M4386
Language: en
Date: 2006-10-06 00:00:00
Title: Commission Decision of 06/10/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4386 - CINVEN / AERO INVEST) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32006M4386

Commission Decision of 06/10/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4386 - CINVEN / AERO INVEST) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 06.10.2006SG-Greffe (2206) D/205648To the notifying partyDear Madams and Sirs,Subject: Case COMP/M.4386 - CINVEN LIMITED/AERO INVEST 1 S.P.ANotification of 01.09.2006 pursuant to Article 4 of Council Regulation (EEC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C1. On 1 september 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 Cinven Limited (“Cinven”, UK), controlled by Cinven Group Limited (“Cinven Group”, UK), acquires within the meaning of Article 3(1)(b) of the Council Regulation the sole control of Aero Invest 1 S.p.A. (“Aereo”, Italy) controlling Avio S.p.A., which in turn controls a group of companies, by way of purchase of shares.2. The business activities of the undertakings concerned are:- for Cinven: private equity investment;- for Aero: is the ultimate company of the Avio Group which controls a number of companies operating in the aerospace and defence industry.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 139/2004 and of paragraph 5, subparagraph c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 139/2004 [2].4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 139/2004.For the Commission,signedPhilip LoweDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------