CELEX: 32017M8499
Language: en
Date: 2017-06-23 00:00:00
Title: Commission Decision of 23/06/2017 declaring a concentration to be compatible with the common market (Case No COMP/M.8499 - GOLDMAN SACHS / CALDIC) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 23.6.2017
                                                                C(2017) 4459 final
                                                                              PUBLIC VERSION
                                                                To the notifying party:
Subject:        Case M.8499 – Goldman Sachs / Caldic
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                             2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 31.05.2017, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the Goldman Sachs
        Group, Inc. (‘Goldman Sachs’, United States) acquires within the meaning of
        Article 3(1)(b) of the Merger Regulation control of the whole of Caldic BV (‘Caldic’,
        Netherlands) by way of a purchase of shares.3
2.      The business activities of the undertakings concerned are:
             − for Goldman Sachs: global investment banking, securities and investment
                 management,
             − for Caldic: international distribution of a wide range of commodity and specialty
                 chemicals ("full-line distribution") to customers in the industrial, health, and food
                 industries.
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
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 182, 09.06.2017, p. 4.
4       OJ C 366, 14.12.2013, p. 5.
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--- 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
                                                 2