CELEX: 32006M4261
Language: en
Date: 2006-08-01 00:00:00
Title: Commission Decision of 01/08/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4261 - 3i / ABX) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

|

32006M4261

Commission Decision of 01/08/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4261 - 3i / ABX) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 01.08.2006SG-Greffe(2006) D/204395To the notifying partyDear Sirs,Subject: Case No. COMP/M.4261 - 3i/ABXNotification of 27.06.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C159, 08.07.2006, p.731. On 27.06.2006, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the undertaking 3i Group plc (“3i”, UK), through an acquisition vehicle, acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking ABX LOGISTICS Worldwide SA/NV and its subsidiaries (“ABX”, Belgium) by way of purchase of shares.2. The business activities of the undertakings concerned are :- for 3i: investment, management advice to and management of investments on behalf of investment funds. Most of its investments are in businesses based in Europe, although 3i has growing investments in the Unites States and Asia.- for ABX: active in the transport sector and focuses on road, air and sea freight forwarding and contract logistics management. ABX has operations in over 30 countries.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph c, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/20044. 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 (EC) No. 139/2004.For the CommissionPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1--------------------------------------------------