CELEX: 32015M7535
Language: en
Date: 2015-03-13 00:00:00
Title: Commission Decision of 13/03/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7535 - IFMGIF / OHL GROUP / CONMEX) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 13.3.2015
                                        C(2015)1790 final

|PUBLIC VERSION                                   |
|                                                 |
|SIMPLIFIED MERGER PROCEDURE                      |

|                                                                       |To the notifying parties                                               |

Dear Sirs,

Subject:    Case M.7535 - IFMGIF / OHL GROUP / CONMEX
         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 18 February 2015, the European Commission received notification of  a  proposed  concentration  pursuant  to  Article  4  of  the  Merger
    Regulation by which the undertakings IFM Global Infrastructure Fund (‘IFMGIF’, Cayman Islands) and Obrascón Huarte  Lain  SA,  part  of  the
    Villar Mir group (‘OHL group’, Spain) acquire within the meaning  of  Article  3(1)(b)  of  the  Merger  Regulation  joint  control  of  the
    undertaking Concesionaria Mexiquense (‘Conmex’, Mexico) by way of purchase of shares.[3]

 2. The business activities of the undertakings concerned are:

      – for IFMGIF: a global investment fund,

      – for OHL Group: an international company primarily engaged in infrastructure and industrial construction projects  and  concessions,  such
        as the development and operation of toll roads, ports, railways and airports,

      – for CONMEX: a company engaged in the financing, construction and operation of a toll road in Mexico.

 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(a) 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)
                                        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]   OJ L 1, 3.1.1994, p. 3 ("the EEA Agreement").

[3]   Publication in the Official Journal of the European Union No C 66, 24.2.2015, p. 9.

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