CELEX: 32021M10041
Language: en
Date: 2021-01-06 00:00:00
Title: Commission Decision of 06/01/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10041 - PAI / ADDO / COMPLEAT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 06.01.2021
                                                                C(2021) 79 final
                                                                                 PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.10041 – PAI/Addo/ComplEat
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 3 December 2020, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which PAI Partners
        SAS, (‘PAI’, France) acquires within the meaning of Article 3(1)(b) of the Merger
        Regulation control of the whole of Addo Food Group (Holdings) Ltd. (‘Addo’, UK)
        and ComplEat Food Group Limited (‘ComplEat’, UK), controlled by Helsinki Topco
        Limited (‘Helsinki Topco’, UK), by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             PAI: management and/or advisory activities for a number of funds owning
              companies active in a variety of business sectors, such as business services, food
              and consumer goods, general industries, healthcare, and retail and distribution,
             Addo: manufacture and supply of food products, focusing on chilled savoury
              pastry products,
             ComplEat: manufacture and supply of food products, focusing on processed meat,
              olives and antipasti.
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 427, 10.12.2020, p. 14.
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
   paragraphs 5(c) and 6 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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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