CELEX: 32006M4218
Language: en
Date: 2006-05-31 00:00:00
Title: Commission Decision of 31/05/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4218 - INVESTCORP / OREFI PARTICIPATION) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32006M4218

Commission Decision of 31/05/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4218 - INVESTCORP / OREFI PARTICIPATION) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

| |Brussels, 31.05.2006SG-Greffe(2006) D/202844To the notifying partyDear Madam/Dear Sir,Subject : Case No. COMP/M.4218 - INVESTCORP /OREFI PARTICIPATION Notification of 20.04.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C102, 28.04.2006, p.81.  On 20.04.2006 the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the Investcorp Group (“Investcorp”, UK) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of Orefi Participation (“Orefi”, France), by way of purchase of shares.2.  The business activities of the undertakings concerned are :- Investcorp : international financial institution acting as a principal and as an intermediary in international investment transactions;- Orefi: purchase and distribution of industrial parts, for the mechanical transmission, automation, assembling, tooling, and other sectors.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, subparagraph 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 CommissionSigned Philip LOWE Director General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32MERGER PROCEDUREARTICLE 6(1)(b) DECISIONSIMPLIFIED PROCEDUREPUBLIC VERSION