CELEX: 32014M7127
Language: en
Date: 2014-02-04 00:00:00
Title: Commission Decision of 04/02/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7127 - CARLYLE / MDP / CHESAPEAKE / MPS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 4.2.2014
                                        C(2014) 735 final

|PUBLIC VERSION                                   |
|                                                 |
|SIMPLIFIED MERGER PROCEDURE                      |

|                                                                       |To the notifying parties                                               |

Dear Madam(s) and/or Sir(s),

Subject:    Case COMP/M.7127 - CARLYLE/ MDP/ CHESAPEAKE/ MPS
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 8 January 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger  Regulation
    by which the Carlyle Group ("Carlyle", United States) and Madison Dearborn Partners LLC ("MDP", United States) acquire within the meaning of
    Article 3(1)(b) of the Merger Regulation joint control of Chesapeake Service Ltd.  and  its  subsidiaries  ("Chesapeake",  United  Kingdom),
    currently solely controlled by Carlyle, and Multi Packaging Solutions Inc. and its subsidiaries ("MPS",  United  States),  currently  solely
    controlled by MDP, through a joint holding structure.[2]

 2. The business activities of the undertakings concerned are:

      – for Carlyle: global alternative asset manager,

      - for MDP: private equity investments and funding,

      - for Chesapeake: manufacturing and sale of secondary paper-based packaging solutions,

      - for MPS: manufacturing and sale of packaging solutions, in particular secondary paper-based packaging and plastic packaging solutions.

 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.[3]

 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.

                                        For the Commission
                                        (signed)
                                        Alexander ITALIANER
                                        Director-General

-----------------------
[1]   OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation").

[2]   Publication in the Official Journal of the European Union No C 10, 14.1.2014, p. 7.

[3]   OJ C 366, 14.12.2013, p. 5.