CELEX: 32005M3996
Language: en
Date: 2005-12-16 00:00:00
Title: Commission Decision of 16/12/2005 declaring a concentration to be compatible with the common market (Case No COMP/M.3996 - INDUSTRI KAPITAL / KWINTET) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|

32005M3996

Commission Decision of 16/12/2005 declaring a concentration to be compatible with the common market (Case No COMP/M.3996 - INDUSTRI KAPITAL / KWINTET) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |COMMISSION OF THE EUROPEAN COMMUNITIES     |
            Brussels , 16/12/2005
             SG-Greffe(2005) D/207088
             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.3996 – INDUSTRI KAPITAL / KWINTET Notification of 11.11.2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004  [1]  Publication in the Official Journal of the European Union No. C287 of 18.11.2005, page 3
            1.  On 11.11.2005, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which Industri Kapital 2000 Ltd (“IK”, UK), ultimately controlled by Industri Kapital BV (Netherlands),   acquires within the meaning of Article 3(1)(b) of the Council Regulation control of Kwintet A/S (“KT”, Denmark)  by way of purchase of shares
            2.  The business activities of the undertakings concerned are:
             - IK: private equity
             - KT: industrial professional wear
            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 b, 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