CELEX: 32019M9302
Language: en
Date: 2019-03-18 00:00:00
Title: Commission Decision of 18/03/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9302 - Carlyle U.S. Equity Opportunity Fund II, L.P. / TA Associates L.P. / Weiman) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 18.3.2019
                                                                C(2019) 2232 final
                                                                        PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9302 – CARLYLE / TA ASSOCIATES / WEIMAN
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                             2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 22 February 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Carlyle U.S. Equity
        Opportunity Fund II, L.P., belonging to the Carlyle Group, L.P. (‘Carlyle’, United States of
        America) and TA Associates L.P. (‘TA Associates’, United States of America) acquire
        within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole
        of Wu Holdco, Inc., the holding company of Weiman group, (‘Weiman Group’, United
        States of America). The concentration is accomplished by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             Carlyle is an alternative asset manager, which manages funds that invest globally
              across four investment disciplines: Corporate Private Equity (buyout and growth
              capital); Real Assets (real estate, infrastructure and energy and renewable resources);
              Global Credit (leveraged loans and structured credit, opportunistic credit, energy
              credit, private credit and distressed credit); and Solutions (private equity fund of funds
              program and related co-investment and secondary activities).
             TA Associates is active in the fields of private equity investments through various
              funds in five core sectors, namely technology, financial services, healthcare,
              consumer, and business services industries in North America, Europe and Asia.
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 83, 5.3.2019, p. 13.
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---        Weiman Group is a manufacturer and distributor of surface cleaning products both for
        households and for commercial clients in food and health care services.
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(a) 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)
                                                    Johannes LAITENBERGER
                                                    Director-General
4  OJ C 366, 14.12.2013, p. 5.
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