CELEX: 32003M3257
Language: en
Date: 2003-09-19 00:00:00
Title: Commission Decision of 19/09/2003 declaring a concentration to be compatible with the common market (Case No COMP/M.3257 - VESTAR CAPITAL PARTNERS / FL SELENIA) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32003M3257

Commission Decision of 19/09/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3257 - VESTAR CAPITAL PARTNERS / FL SELENIA) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 233 , 30/09/2003 P. 0015 - 0015

Commission Decision of 19/09/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3257 - VESTAR CAPITAL PARTNERS / FL SELENIA) 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.3257 - Vestar Capital Partners/FL Selenia Notification of 19.08.2003 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Union No. C203 of 28/8/2003, page 7.[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 19.08.2003, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking Vestar Capital Partners, Inc ("Vestar", USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking FL Selenia S.p.A. ("FL Selenia", Italy) by way of purchase of shares.2. The business activities of the undertakings concerned are :- for Vestar : private equity firm; - for FL Selenia : manufacture and sale of automotive and industrial lubricants, functional fluids for automobiles and industrial vehicles etc. and replacement parts for vehicles.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 CommissionSigned, Mario MONTI Member of the Commission