CELEX: 32019M9597
Language: en
Date: 2019-11-19 00:00:00
Title: Commission Decision of 19/11/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9597 - CINVEN / STICHTING BARENTZ BEHEER / BARENTZ) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 19.11.2019
                                                                C(2019) 8431final
                                                                                 PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.9597 – CINVEN / STICHTING BARENTZ BEHEER / BARENTZ
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 25 October 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Cinven Capital
        Management (VI) General Partner Limited (“Cinven”, Guernsey) and Stichting Barentz
        Beheer (“the Foundation”, Netherlands) acquire within the meaning of Article 3(1)(b)
        and 3(4) of the Merger Regulation joint control over H.L. Barentz B.V. (“Barentz”,
        Netherlands) by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for Cinven : private equity business engaged in the provision of investment
              management and investment advisory services to a number of investment funds.
              Cinven controls a number of portfolio companies which are active in a variety of
              sectors across a range of jurisdictions.
             for the Foundation : Dutch non-profit foundation (stichting). Its sole purpose, is to
              support and further develop the business of Barentz.
             for Barentz: distribution of ingredients and additives for the food, pharmaceutical
              and cosmetics, chemical and animal nutrition industries.
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
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 371, 04.11.2019, p. 14.
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---    paragraph 5(c) 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)
                                                  Cecilio MADERO VILLAREJO
                                                  Acting Director-General
4  OJ C 366, 14.12.2013, p. 5.
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