CELEX: 32021M10228
Language: en
Date: 2021-05-28 00:00:00
Title: Commission Decision of 28/05/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10228 - ADVENT / MONDIAL RELAY) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 28.5.2021
                                                                C(2021) 3997 final
                                                                                 PUBLIC VERSION
                                                                Advent International Corporation
                                                                Corporation Trust Center
                                                                1209 Orange Street – Wilimgton DE
                                                                (Country of New Castle) 19801
                                                                United States of America
Subject:        Case M.10228 – ADVENT / MONDIAL RELAY
                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 30 April 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Advent
        International Corporation (“Advent”, USA), indirectly through InPost SA, acquires
        within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the
        whole of Mondial Relay SAS (“Mondial Relay”, France) by way of purchase of
        shares.3
2.      The business activities of the undertakings concerned are:
             for Advent: a private equity investment fund focused on the acquisition of equity
              stakes and the management of interests in various sectors, including business and
              financial services; industrial goods and services; retail operations, branded
              consumer goods, and leisure services; media, telecommunications, and
              information technology; and healthcare services and pharmaceuticals. Through its
              controlled portfolio companies Hermes UK, Hermes Germany and InPost SA,
              Advent is active in “Pick-Up & Drop-Off” (“PUDO”) network services and small
              package delivery services in the UK, Germany, Poland and Italy, respectively,
              and to a minor extent in cross-border deliveries,
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 170, 6.5.2021, p. 12.
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---        for Mondial Relay: a company active in the provision of PUDO network services
        and small package delivery services in France, Belgium, Luxembourg, the
        Netherlands, Portugal and Spain. To a minor extent, Mondial Relay is also active
        in cross-border deliveries.
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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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