CELEX: 32019M9218
Language: en
Date: 2019-01-29 00:00:00
Title: Commission Decision of 29/01/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9218 - CVC Capital Partners SICAV-FIS S.A. / K3 AB) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 29.1.2019
                                                                C(2019) 763 final
                                                                          PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.9218 — CVC Capital Partners/K3
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
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                No 139/2004 and Article 57 of the Agreement on the European Economic
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                Area
Dear Sir or Madam,
1.      On 21 December 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which CVC Capital
        Partners SICAV-FIS S.A. (‘CVC’, Luxembourg) acquires within the meaning of
        Article 3(1)(b) of the Merger Regulation sole control of the whole of Ahlsell AB
        (‘K3’, Sweden) by way of public bid announced on 11 December 2018.3
2.      The business activities of the undertakings concerned are:
             for undertaking CVC: managing of investment funds and platforms,
             for undertaking Ahlsell AB (K3): wholesale and retail distribution of installation
              products that fall into the following categories: heating, ventilation, air conditioning
              and plumbing, electrical, and tools and supplies.
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
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 18, 15.1.2019, p. 40.
4       OJ C 366, 14.12.2013, p. 5.
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--- 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
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