CELEX: 32005M3705
Language: en
Date: 2005-02-17 00:00:00
Title: Commission Decision of 17/02/2005 declaring a concentration to be compatible with the common market (Case No COMP/M.3705 - KKR / MASONITE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32005M3705

Commission Decision of 17/02/2005 declaring a concentration to be compatible with the common market (Case No IV/M.3705 - KKR / MASONITE) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


	| |Brussels, 17.02.2005SG-Greffe(2005) D/200700To the notifying partyDear Sirs,Subject : Case No. COMP/ M.3705 – KKR/Masonite Notification of 14/01/2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C21, 26/01/2005, p. 151.  On 14/01/2005 , the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the undertaking Stile Acquisition Corp (“Stile Acquisition”, Canada), which is controlled by Kohlberg Kravis Roberts (“KKR”, USA), acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Masonite International Corporation (“Masonite International”, Canada), by way of purchase of shares.2.  The business activities of the undertakings concerned are:- for Stile Acquisition: acquisition vehicle- for KKR: private equity investment company- for Masonite International: manufacture of doors, door components and entrysystems to residential and commercial use3.  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) No139/2004[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 CommissionNeelie KROES Member of the Commission signed[1] OJ L 24, 29.1.2004 p. 1[2] Available on DG COMP website: http://europa.eu.int/comm/competition/mergers/legislation/consultation/simplified_tru.pdf.MERGER PROCEDUREARTICLE 6(1)(b) DECISIONSIMPLIFIED PROCEDUREPUBLIC VERSION