CELEX: 32021M10115
Language: en
Date: 2021-02-19 00:00:00
Title: Commission Decision of 19/02/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10115 - PAI PARTNERS / APLEONA GROUP) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 19.2.2021
                                                                C(2021) 1260 final
                                                                                 PUBLIC VERSION
                                                                PAI Partners SAS
                                                                232 rue de Rivoli
                                                                75001 – Paris
                                                                France
Subject:        Case M.10115 – PAI PARTNERS / APLEONA GROUP
                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 27 January 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which PAI Partners
        SAS (‘PAI Partners’, France) acquires within the meaning of Article 3(1)(b) of the
        Merger Regulation sole control of the whole of Apleona Group GmbH (‘Apleona
        Group’, Germany), ultimately controlled by EQT AB (Sweden), by way of purchase
        of shares.3
2.      The business activities of the undertakings concerned are:
        −     for PAI Partners: private equity company that manages or advises funds that own
              companies active in various business sectors, such as business services, food and
              consumer goods, general industries, healthcare and retail and distribution. Its
              investment focus is on medium to large European companies, mainly
              headquartered in France. Within the EU, PAI Partner’s portfolio companies are
              mainly active in France, Germany and Spain,
        −     for Apleona Group: active in integrated facility management and real estate
              management with all commercial services, real estate marketing and leasing. It is
              active in over 30 countries and has a clear business focus in Germany, Austria
              and Switzerland.
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 40, 5.2.2021, p. 18.
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--- 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(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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