CELEX: 32022M10568
Language: en
Date: 2022-03-03 00:00:00
Title: Commission Decision of 03/03/2022 declaring a concentration to be compatible with the common market (Case No COMP/M.10568 - IIF INTERNATIONAL HOLDING / G+E GETEC HOLDING) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 3.3.2022
                                                                C(2022) 1432 final
                                                                                 PUBLIC VERSION
                                                                IIF Int’l Holding L.P.
                                                                Ugland House, South Church Street
                                                                KY1 1104 George Town
                                                                Cayman Islands
Subject:        Case M.10568 – IIF INTERNATIONAL HOLDING / G+E GETEC
                HOLDING
                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 9 February 2022, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the
        undertaking IIF Int’l Holding L.P. (“IIF”, Cayman Islands), controlled by three
        individuals (Mr Vumindaba Dube, Mr Henry Fayne and Mr Michael Nagle) acquires
        within the meaning of Article 3(1)(b) of the Merger Regulation sole control over the
        whole of the undertaking G+E GETEC Holding GmbH (“GETEC”, Germany) by way
        of purchase of shares.3
2.      The business activities of the undertakings concerned are:
        −     IIF is an investment fund specialised in infrastructure investments,
        −     GETEC provides heating, cooling and electricity systems, and energy services in
              Germany, Italy, Switzerland, the Netherlands, Austria, Czechia, Hungary, Poland,
              Romania, Belgium and Luxembourg.
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 75, 16.02.2022, p.6.
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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