CELEX: 32018M9025
Language: en
Date: 2018-12-03 00:00:00
Title: Commission Decision of 03/12/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.9025 - PIZZA HUT INTERNATIONAL, LLC / TELEPIZZA GROUP, S.A.) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 03.12.2018
                                                                C(2018) 8357 final
                                                                      PUBLIC VERSION
                                                                To the notifying parties:
Subject:        Case M.9025 - Pizza Hut/Telepizza
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                          2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 7 November 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation, by which Pizza Hut
        International, LLC ("Pizza Hut", United States of America), belonging to the YUM! Group
        (United States of America), enters into a full merger within the meaning of Article 3(1)(a)
        of the Merger Regulation with Telepizza Group, S.A. ("Telepizza", Spain), by way of
        agreements.3
2.      The business activities of the undertakings concerned are:
–       for Pizza Hut: operation, directly or through master franchisees and franchisees, of pizza
        restaurants under the Pizza Hut brand in more than 100 countries over six continents,
–       for Telepizza: operation, directly or through master franchisees and franchisees, of pizza
        restaurants under the Telepizza brand in more than 20 countries, notably Spain and
        Portugal.
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
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 414,15.11.2018, p. 13.
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---    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)
                                                   Johannes LAITENBERGER
                                                   Director-General
4  OJ C 366, 14.12.2013, p. 5.
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