CELEX: 32020M9635
Language: en
Date: 2020-01-08 00:00:00
Title: Commission Decision of 08/01/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.9635 - BNP PARIBAS / AGEAS / KONINKLIJKE BELGISCHE TOURING CLUB / OPTIMILE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 8.1.2020
                                                                C(2020) 99 final
                                                                                 PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9635 – BNP PARIBAS / AGEAS / KONINKLIJKE BELGISCHE
                TOURING CLUB / OPTIMILE
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 4 December 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which BNP Paribas
        Fortis NV/SA (‘BNPPF’, Belgium), AG Insurance NV/SA, controlled by Ageas
        SA/NV (‘AGI’, Belgium) and Koninklijke Belgische Touring Club VZW (‘Touring’,
        Belgium), acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger
        Regulation joint control of the whole of Optimile NV (‘Optimile’, Belgium) by way of
        purchase of shares.3
2.      The business activities of the undertakings concerned are:
         for BNPPF: as a subsidiary of the BNP Paribas Group in Belgium, it offers a
             comprehensive package of banking and financial services for private individuals,
             professionals, SMEs, public organisations etc. Its subsidiary Arval BNP
             specialises in vehicle leasing and provides company clients with customised
             solutions to optimise staff mobility;
         for AGI: as a subsidiary of Ageas, it is a multi-channel insurance company
             operating in Belgium which provides life and non-life insurance products and
             supplementary pensions. It owns Interparking, a parking operator active in nine
             European countries, including Belgium;
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 416, 11.12.2019, 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---     for Touring: provision of road and travel assistance services, short term leasing,
       replacement cars and sale of cars, car glass repair and replacement, technical
       inspection of vehicles and travel insurance. It also offers a multimodal mobility
       B2B2C app, easy Way;
    for Optimile: mainly active in Belgium, it develops and sells mobility related
       software, including a B2B white-label multimodal app, a B2C multimodal
       mobility app (Mobiflow) and white-label operator Software as a Service (SaaS)
       back office platforms for mobility operators such as charge point operators and
       taxi operators.
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
   paragraphs 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.
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