CELEX: 32019M9241
Language: en
Date: 2019-02-05 00:00:00
Title: Commission Decision of 05/02/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9241 - Societa Cattolica di Assicurazione / Inter Mutuelles Assistance SA / IMA Italia Assistance) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 5.2.2019
                                                                C(2019) 927 final
                                                                         PUBLIC VERSION
                                                                To the notifying parties:
Subject:        Case M.9241 – CATTOLICA / IMA FRANCE / IMA ITALIA GROUP
                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 11 January 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the undertaking
        Società Cattolica di Assicurazione — Società cooperativa (‘Cattolica’, Italy) acquires
        within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over
        IMA Italia Assistance Spa and IMA Servizi Scarl (together, ‘IMA Italia Group’, Italy), by
        way of purchase of shares.3 As a result of the Transaction, IMA Italia Group will be jointly
        controlled by Cattolica and Inter Mutuelles Assistance SA (‘IMA France’, France).
2.      The business activities of the undertakings concerned are:
              for Cattolica: life and non-life insurance in Italy,
              for IMA France: non-life insurance, non-life reinsurance and provision of
                 assistance services, primarily in France;
              for IMA Italia Group: non-life insurance, non-life reinsurance and provision of
                 assistance services in Italy.
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 022, 18.01.2019, p. 9.
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--- 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 139/2004.4
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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