CELEX: 32022M10674
Language: en
Date: 2022-05-11 00:00:00
Title: Commission Decision of 11/05/2022 declaring a concentration to be compatible with the common market (Case No COMP/M.10674 - INTERPARKING SERVIZI / OSR / PARKING LOT JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 11.5.2022
                                                                 C(2022) 3191 final
                                                                                 PUBLIC VERSION
                                                                 Interparking Servizi S.r.l..
                                                                 Isola Nuova del Tronchetto 14
                                                                 30135 Venice
                                                                 Italy
                                                                 Ospedale San Raffaele S.r.l..
                                                                 Via Olgettina 60
                                                                 20132 Milan
                                                                 Italy
Subject:        Case M.10674 – INTERPARKING SERVIZI / OSR / PARKING LOT JV
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                (EC) No 139/20041 and Article 57 of the Agreement on the European
                Economic Area2
Dear Sir or Madam,
1.      On 11 April 2022, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which                           the
        undertaking Interparking Servizi S.r.l. (‘Interparking’, Italy), ultimately controlled by
        the Ageas Group, and Ospedale San Raffaele S.r.l. (‘OSR’, Italy), ultimately
        controlled by Gruppo San Donato (‘GSD’), will acquire within the meaning of Article
        3(1)(b) and 3(4) of the Merger Regulation joint control over three parking lots located
        in the San Raffaele area in Milan (the ‘Target’) by way of purchase of shares in a
        newly created company constituting a joint venture and by way of purchase of assets.3
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 168, 22.04.2022, p. 16.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 2. The business activities of the undertakings concerned are the following:
        Interparking is active in the management of paid parking lots in Italy.
         Interparking is controlled by Ageas Group, which mainly provides life and non-
         life insurance services to personal, business and institutional customers, active in
         Europe and in Asia,
        OSR is a Scientific Hospitalization and Care Institute, part of GSD, a private
         hospital group in Italy,
        The Target consists of (i) an off-street parking lot and related assets located in
         Milan, in the area nearby the San Raffaele Hospital, currently owned by OSR
         and managed by a third party, as well as (ii) two parking lots (‘P6 and P7’)
         located in the same area, owned by Universita Vita-Salute San Raffaele and MM
         S.pA, and managed by OSR.
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) and 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)
                                                    Olivier GUERSENT
                                                    Director-General
4  OJ C 366, 14.12.2013, p. 5.
                                               2