CELEX: 32015M7635
Language: en
Date: 2015-06-11 00:00:00
Title: Commission Decision of 11/06/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7635 - LINDSAY GOLDBERG / VDM METALS GROUP) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 11.6.2015
                                        C(2015) 4148 final

                                        [pic]

|                                                                       |To the notifying party:                                                |
|                                                                       |                                                                       |

Dear Sirs,

Subject:    Case M.7635 – LINDSAY GOLDBERG/ VDM METALS GROUP
         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 May 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation  by
    which the undertaking Goldberg, Lindsay & Co., LLC ("Lindsay Goldberg", United States) acquires within the meaning of Article 3(1)(b) of the
    Merger Regulation sole control of the whole of the undertaking VDM Metals Group consisting of VDM Metals GmbH (Germany), VDM Metals USA, LLC
    (United States), VDM Metals Italia S.r.l. (Italy), VDM Metals Austria GmbH (Austria), VDM Metals  Benelux  B.V.  (Netherlands),  VDM  Metals
    Trading Co. Ltd. (China), VDM High Performance Metals Trading Co. Ltd. (China) and VDM Metals France S.A.S. (France), by way of purchase  of
    shares.[3]

 2. The business activities of the undertakings concerned are:

      – Lindsay Goldberg is a privately held private equity investment firm managing a number of funds that own companies active in a variety  of
        business sectors;

      – VDM Metals Group is active in the production, sale and trade of high performance alloys, in particular nickel and titanium alloys.

 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.[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 170, 23.5.2015, p. 8.

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

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE