CELEX: 32007M4510
Language: en
Date: 2007-02-12 00:00:00
Title: Commission Decision of 12/02/2007 declaring a concentration to be compatible with the common market (Case No COMP/M.4510 - L CAPITAL 2 / CALLIGARIS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32007M4510

Commission Decision of 12/02/2007 declaring a concentration to be compatible with the common market (Case No IV/M.4510 - L CAPITAL 2 / CALLIGARIS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 12.02.2007SG-Greffe(2006) D/200648To the notifying partyDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.4510 - L CAPITAL 2 / CALLIGARISNotification of 15.01.2007 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C 14, 20.01.2007, page 441. On 15.01.2007, the Commission received a notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 by which the undertaking L Capital 2 FCPR ("L Capital 2", France) ultimately controlled by Louis Vuitton Moet Hennessy S.A. ("LVMH", France) acquires within the meaning of Article 3(1)(b) of the Council Regulation, through a special vehicle company, S.C.L.A. SA (Luxembourg), joint control of the undertaking Calligaris Holding S.p.A. ("Calligaris", Italy), currently under the exclusive control of Mr. Alessandro Calligaris, by way of purchase of shares.2. The business activities of the undertakings concerned are:- for LVMH : luxury goods;- for L Capital 2: investment fund;- for Calligaris : production of home furniture.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) 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 (EC) 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 (EC) No. 139/2004.For the CommissionsignedPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------