CELEX: 32016M8164
Language: en
Date: 2016-10-21 00:00:00
Title: Commission Decision of 21/10/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8164 - STEINHOFF INTERNATIONAL / PIKOLIN / COFEL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 21.10.2016
                                        C(2016) 6871 final

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                                        To the notifying parties

Dear Sirs,

Subject:    Case M.8164 – STEINHOFF INTERNATIONAL / PIKOLIN / COFEL
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 27 September 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council  Regulation
    (EC) No 139/2004 by which the undertakings Steinhoff Möbel Holding GmbH belonging to the Steinhoff group  ('Steinhoff',  South  Africa)  and
    Pikolin S.L. ('Pikolin', Spain) acquire within the meaning of Article 3(1)(b) of the Merger Regulation  joint  control  of  the  undertaking
    Cofel S.A. ('Cofel', France), currently wholly-owned by Pikolin, by way of purchase of shares.[3]

 2. The business activities of the undertakings concerned are:

  – for Steinhoff: manufacture and wholesale sale of furniture and retail sale of primarily furniture,  home  decoration  and  household  goods,
    electrical appliances and electronic consumer goods and clothing, and provision of related services.

  – for Pikolin: manufacture, wholesale and retail sale of furniture, in particular bedroom furniture (e.g. mattresses, bedsteads and  ancillary
    products).

  – for Cofel: manufacture, wholesale and retail sale of furniture, in particular bedroom furniture (e.g. mattresses,  bedsteads  and  ancillary
    products).

 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

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[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 365, 4.10.2016, p. 29.
[4]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE