CELEX: 32007M4556
Language: en
Date: 2007-02-20 00:00:00
Title: Commission Decision of 20/02/2007 declaring a concentration to be compatible with the common market (Case No COMP/M.4556 - ADVENT / OXO GROUP) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32007M4556

Commission Decision of 20/02/2007 declaring a concentration to be compatible with the common market (Case No IV/M.4556 - ADVENT / OXO GROUP) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 20.02.2007SG-Greffe(2007) D/200775To the Notifying party:Dear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.4556 ADVENT / OXO GROUPNotification of 16.01.2007 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C 17 page 311. On 16.01.2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking Advent International Corporation ("Advent", USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the "oxo" products and derivatives businesses ("Oxo", USA/Germany) currently controlled by Celanese Corporation and, partly, by Degussa AG, by way of purchase of shares and assets.2. The business activities of the undertakings concerned are:- for Advent : private equity fund;- for Oxo: production and sale of key chemical building blocks an derivatives for diverse applications including coatings, inks, lubricants and plasticizers, mainly in Europe and North America.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5 (c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004 [2].4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No. 139/2004.For the Commission(signed by Lowri Evans on behalf of)Philip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------