CELEX: 32002M2937
Language: en
Date: 2002-09-13 00:00:00
Title: Commission Decision of 13/09/2002 declaring a concentration to be compatible with the common market (Case No COMP/M.2937 - QUESTOR BERMUDA / TEKSID) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32002M2937

Commission Decision of 13/09/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2937 - QUESTOR BERMUDA / TEKSID) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 222 , 18/09/2002 P. 0027 - 0027

Commission Decision of 13/09/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2937 - QUESTOR BERMUDA / TEKSID) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)To the notifying partyDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.2937 - QUESTOR BERMUDA/TEKSID Notification of 9 August 2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 198, 21/08/2002, page 2.[1]   OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.1. On 9 August 2002, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking Questor Partners Bermuda, L.P. ("Questor", Bermuda) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the aluminium business of the undertaking Teksid S.p.A. based in Italy, ("Teksid Aluminium Business") by way of purchase of shares.2. The business activities of the undertakings concerned are : - for undertaking Questor : equity investment fund. - for undertaking Teksid Aluminium Business : manufacture of cast aluminium automobile components.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph (b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].  [2]   OJ C 217, 29.07.2000, p. 32.4. 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. 4064/89.For the CommissionMario MONTI Member of the Commission