CELEX: 32014M7450
Language: en
Date: 2014-12-15 00:00:00
Title: Commission Decision of 15/12/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7450 - EQT VI / SIEMENS AUDIOLOGISCHE TECHNIK) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 15.12.2014
                                        C(2014)9955 final

                                        [pic][pic]

|To the notifying party:                                                |                                                                       |
|                                                                       |                                                                       |

Dear Madam(s) and/or Sir(s),

Subject:    Case M.7450 - EQT VI/ SIEMENS AUDIOLOGISCHE TECHNIK
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 14.11.2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger  Regulation  by
    which EQT VI Limited ("EQT VI", Guernsey) acquires within the meaning of Article 3(1)(b) of  the  Merger  Regulation  control  over  Siemens
    Audiologische Technik GmbH ("Siemens ATG", Germany), by way of purchase of shares.[2]

 2. The business activities of the undertakings concerned are:

          - EQT VI: a private equity fund forming part of the EQT group of investment funds.

          - Siemens ATG: a manufacturer and supplier of hearing aids, hearing accessories
            and hearing diagnostic equipment.
 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.[3]

 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.

                                        For the Commission
                                        (Signed)
                                        Alexander ITALIANER
                                        Director-General

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[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]   Publication in the Official Journal of the European Union No C 423, 26.11.2014.

[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE