CELEX: 32021M10367
Language: en
Date: 2021-08-16 00:00:00
Title: Commission Decision of 16/08/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10367 - PLATINUM EQUITY GROUP / GRUPO URBASER) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 16.08.2021
                                                                 C(2021) 6137 final
                                                                                 PUBLIC VERSION
                                                                Platinum Equity, LLC
                                                                360 North Crescent Drive
                                                                South Building
                                                                Beverly Hills, California 90210
                                                                USA
Subject:        Case M.10367 — Platinum Equity Group/Grupo Urbaser
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                (EC) No 139/20041 and Article 57 of the Agreement on the European
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                Economic Area
Dear Sir or Madam,
1.      On 22 July 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Platinum
        Equity, LLC (“Platinum Equity Group”) (USA) acquires within the meaning of
        Article 3(1)(b) of the Merger Regulation sole control of Urbaser, S.A.U., (“Grupo
        Urbaser”) (Spain) by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
      -   for Platinum Equity Group: the merger, acquisition and operation of companies that
          provide services and solutions to customers in a broad range of businesses, including
          information        technology,         telecommunications,      logistics,     metal    services,
          manufacturing and distribution,
      -   for Grupo Urbaser: the provision of urban services (primarily waste collection and
          related activities and water management services) as well as waste treatment
          activities (such as municipal solid waste treatment and industrial waste treatment) in
          more than 20 countries mainly located in Asia, Europe, Middle East, North America
          and South America.
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 (the ‘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 305, 30.7.2021, p. 39.
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--- 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(b) 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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