CELEX: 32020M10071
Language: en
Date: 2020-12-16 00:00:00
Title: Commission Decision of 16/12/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.10071 - DE AGOSTINI GROUP / FOODIVERSE / ALNUT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 16.12.2020
                                                                C(2020) 9351 final
                                                                                 PUBLIC VERSION
                                                                To the notifying parties
Subject:         Case M.10071 — De Agostini Group/Foodiverse/Alnut
                 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 23 November 2020, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which
        De Agostini S.p.A. (‘De Agostini’, Italy) and Foodiverse Hold, S.L. (‘Foodiverse’,
        Switzerland) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the
        Merger Regulation joint control of the whole of Alimentación y Nutrición
        Familiar, S.L.U. (‘Alnut’, Spain), a company currently solely controlled by
        Foodiverse, by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             De Agostini: investments in private equity and alternative asset management,
              with a particular focus on the publishing sector, media and communication
              services, lotteries and gaming services,
             Foodiverse: provision of asset management activities and services, mainly related
              to food products companies,
             Alnut: manufacture and commercialization of (i) prepared baby food products
              (fruit products and dairy products packaged in plastic tubs and pouches), and
              (ii) plant based desserts.
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 412, 30.11.2020, p. 14.
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(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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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