CELEX: 32012M6688
Language: en
Date: 2012-09-04 00:00:00
Title: Commission Decision of 04/09/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6688 - KKR / WÜRTTEMBERGISCHE METALLWAREN FABRIK) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32012M6688

Commission Decision of 04/09/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6688 - KKR / WÜRTTEMBERGISCHE METALLWAREN FABRIK) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION      |
             Brussels, 4.9.2012
             C(2012) 6223
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
                    To the notifying parties: 
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6688-KKR /WÜRTTEMBERGISCHE METALLWAREN FABRIK
             Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 30 July 2012 the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking Kohlberg Kravis Roberts & Co. L.P. ("KKR", USA) acquires within the meaning of Article 3(1)(b) of the  Merger Regulation sole control of the whole of the undertaking Württembergische Metallwaren Fabrik ("WMF", Germany) by way of purchase of shares. [2]  
            2.  The business activities of the undertakings concerned are:
              - for KKR : global investment fund that offers a broad range of alternative asset management services to public and private market investors and provides capital markets solutions for the firm, its portfolio companies and clients.
              - for WMF : manufacturer of table and kitchenware and small electric appliances for private households as well as professional hotel equipment and fully-automated coffee machines for professional use. 
            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(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004. [3]   
            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.
             For the Commission
             (signed)
             Alexander ITALIANER 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]  Publication in the Official Journal of the European Union No C 234, 04.08.2012, p.8.
            [3] OJ C 56, 5.3.2005, p. 32.