CELEX: 32015M7759
Language: en
Date: 2015-12-08 00:00:00
Title: Commission Decision of 08/12/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7759 - OMERS / AIMCO / ERM) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

Brussels, 8.12.2015
C(2015) 9083 final

      [pic]

      [pic]

|To the notifying parties:                                              |                                                                       |
|                                                                       |                                                                       |

Dear Sirs,

Subject:    Case M.7759 – OMERS / AIMCO / ERM
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 12 November 2015, the European Commission received notification of  a  proposed  concentration  pursuant  to  Article  4  of  the  Merger
    Regulation by which the undertakings Alberta Investment Management Corporation on behalf of certain of its clients  (Canada,  "AIMCo"),  and
    OCP Investment Corporation, belonging to the OMERS Group (Canada, "OMERS"), acquire within the meaning of  Article  3(1)(b)  of  the  Merger
    Regulation control of the whole of the undertaking ERM Worldwide Group Limited (Canada, "ERM") by way of an option agreement.

 2. The business activities of the undertakings concerned are:

    – OMERS is the administrator of the Ontario Municipal Employees Retirement System Primary Pension Plan and trustee of the pension  funds.  It
      manages a diversified global portfolio of stocks and bonds as well as real estate, private equity and infrastructure investments.

    – AIMCo is one of Canada's largest and most diversified institutional investment fund managers, investing globally on behalf of its  clients,
      various pension, endowment and government funds in the Province of Alberta.

    – ERM is a global provider of environmental, health, safety, risk and social ("EHS") consulting services.[3]

 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)
Johannes LAITENBERGER
Director-General
-----------------------
[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 385, 19.11.2015, p.15.

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

-----------------------
                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE