CELEX: 32011M6301
Language: en
Date: 2011-09-13 00:00:00
Title: Commission Decision of 13/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6301 - EURAZEO / MONCLER) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32011M6301

Commission Decision of 13/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6301 - EURAZEO / MONCLER) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION     |
            Brussels , 13.09.2011
             C(2011) 6534
             PUBLIC VERSION 
             SIMPLIFIED MERGER PROCEDURE
              
             To the notifying party
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6301 –EURAZEO/ MONCLERC Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 12 August 2011, the European Commission received notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 by which the undertaking Eurazeo SA ("Eurazeo", France) acquires within the meaning of Article 3(1)(b) of the  Merger Regulation control of the whole of the undertaking Moncler S.p.A. ("Moncler", Italy) by way of purchase of shares.
            2.  The business activities of the undertakings concerned are:
              - for undertaking Eurazeo: investment company active in a wide range of sectors including car rental, management of car-parking, real-estate investment and rental/cleaning of textiles;
              - for undertaking Moncler: design, creation, marketing and distribution of high-end clothing and accessories. [2]  
            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 [3]  .  
            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.
             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]  Publication in the Official Journal of the European Union No C 243, 20.08.2011, p.20
            [3] OJ C 56, 5.3.2005, p. 32.