CELEX: 32015M7609
Language: en
Date: 2015-05-08 00:00:00
Title: Commission Decision of 08/05/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7609 - OMNES CAPITAL / PREDICA PREVOYANCE / QUADRAN / QUADRICA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 8.5.2015
                                        C(2015) 3268 final

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                                        To the notifying parties

Dear Sirs,

Subject:    Case M.7609 - OMNES CAPITAL/ PREDICA PREVOYANCE/ QUADRAN/ QUADRICA
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 8 April 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by  which
    Omnes Capital, S.A.S., of France ("Omnes Capital"), Prédica Prévoyance Dialogue du Crédit Agricole, of France ("Predica") and Quadran S.A.S,
    of France ("Quadran") will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of  the  whole  of  Quadrica
    S.A.S, of France ("Quadrica") by way of purchase of shares and contract of management.[3]

 2. The business activities of the undertakings concerned are:

      -     Omnes Capital is a French asset management company active in several branches, notably in the renewable energy sector.

      -     Predica is a subsidiary of the Group Crédit Agricole of France and is active in the insurance sector.

      -     Quadran is an independent producer of renewable electricity and mainly active in France.

      -     Quadrica will hold shares in wind farms which prior to the transaction were held by certain subsidiaries of Quadran.

 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)
                                        Alexander ITALIANER
                                        Director-General

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[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 122, 16.04.2015, p. 7.

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

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE