CELEX: 32014M7412
Language: en
Date: 2014-11-05 00:00:00
Title: Commission Decision of 05/11/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7412 - SVP / LSHL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 5.11.2014
                                        C(2014) 8352 final

|                                                                       |To the notifying party:                                                |
|                                                                       |                                                                       |

Dear Madam(s) and/or Sir(s),

Subject:    Case M.7412 – SVP/ LSHL
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 9 October 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the  Merger  Regulation
    by which the undertaking Strategic Value Partners LLC ('SVP', USA) acquires within the meaning of Article 3(1)(b) of  the  Merger  Regulation
    control of the whole of the undertaking Linpac Senior Holdings Limited ('LSHL', UK) by way of purchase of shares. [2]

   2. The business activities of the undertakings concerned are:

       - for SVP: investment firm that manages hedge funds and private equity funds and invests  in  public  and  private  equity  markets,  debt
         markets and other alternative investment markets across the globe;

       - for LSHL: ultimate parent company of Linpac Packaging Limited, a supplier of plastic packaging for food.

 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 and Article 57 of the EEA Agreement.

                                        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 368, 17.10.2014, p.18.
[3]   OJ C 366, 14.12.2013, p. 5.

-----------------------

                                                           SIMPLIFIED MERGER PROCEDURE

                                                                  PUBLIC VERSION