CELEX: 32022M10632
Language: en
Date: 2022-03-25 00:00:00
Title: Commission Decision of 25/03/2022 declaring a concentration to be compatible with the common market (Case No COMP/M.10632 - WATERLAND / DUVENBECK) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 25.3.2022
                                                                 C(2022) 2015 final
                                                                                 PUBLIC VERSION
                                                                 Waterland Private Equity Investment
                                                                 B.V
                                                                 Brediusweg 31
                                                                 1401 AB Bussum
                                                                 The Netherlands
Subject:         Case M.10632 – WATERLAND / DUVENBECK
                 Commission decision pursuant to Article 6(1)(b) of Council Regulation
                 (EC) No 139/20041 and Article 57 of the Agreement on the European
                                    2
                 Economic Area
Dear Sir or Madam,
1.      On 2 March 2022, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Waterland
        Private Equity Investment B.V. (‘Waterland’, the Netherlands), will acquire within the
        meaning of Article 3(1)(b) of the Merger Regulation sole control over the whole of
        Duvenbeck Group (‘Duvenbeck’), currently controlled by Thomas Duvenbeck
        Holding GmbH (both Germany), by way of purchase of shares.3
2.      The business activities of the undertakings concerned are the following:
             for Waterland: independent private equity investment group, focused on
              outsourcing & digitalization, leisure & luxury, sustainability and ageing
              population. Waterland is mainly active in Europe, in particular Benelux, Germany
              and the United Kingdom.
             for Duvenbeck: logistics provider offering third party logistics, including
              conceptual and lead logistics services, contract logistics, freight forwarding and
              light assembly. Duvenbeck is mainly active in Germany, Austria Poland, the
              Czech Republic, Slovakia, Hungary, Romania and Spain
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 114, 10.3.2022, p. 10–11.
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(c) 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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