CELEX: 32005M4029
Language: en
Date: 2005-12-21 00:00:00
Title: Commission Decision of 21/12/2005 declaring a concentration to be compatible with the common market (Case No COMP/M.4029 - KUEHNE + NAGEL / ACR LOGISTICS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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32005M4029

Commission Decision of 21/12/2005 declaring a concentration to be compatible with the common market (Case No COMP/M.4029 - KUEHNE + NAGEL / ACR LOGISTICS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |COMMISSION OF THE EUROPEAN COMMUNITIES     |
            Brussels , 21/12/2005
             SG-Greffe(2005) D/207595
             MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
             SIMPLIFIED PROCEDURE
             PUBLIC VERSION
             To the notifying party
             Dear Madam(s) and/or Sir(s),
             Subject: Case No. COMP/M.4029 – KUEHNE + NAGEL / ACR LOGISTICS  Notification of 17 November 2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004  [1]  Publication in the Official Journal of the European Union No. C 292 of 24 November 2005, page 9
             1. On 17/11/2005, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking Kuehne + Nagel International AG (K+N, Switzerland) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking ACR Logistics Holdings BV (ACR, The Netherlands) by way of purchase of shares.
             2. The business activities of the undertakings concerned are:
              - for K+N : Logistics company with main activities in sea freight forwarding, airfreight forwarding and contract logistics;
              - for ACR : Contract logistics.
             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. 139/2004 [2]  .  
             4. 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 Commission
             (signed) Neelie KROES Member of the Commission
            [1] OJ L 24, 29.1.2004 p. 1
            [2] OJ C 56, 05.3.2005 p.32