CELEX: 32021M10425
Language: en
Date: 2021-08-24 00:00:00
Title: Commission Decision of 24/08/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10425 - BCP DORNOCH PARENT / DEXKO) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 24.08.2021
                                                                 C(2021) 6327 final
                                                                                 PUBLIC VERSION
                                                                 BCP Dornoch Parent Inc.
                                                                 c/o Brookfield Capital Partners LLC
                                                                 250 Vesey Street, 15th Floor
                                                                 New York 10281
                                                                 United States of America
Subject:        Case M.10425 ― BCP Dornoch Parent/DexKo
                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 02 August 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which BCP Dornoch
        Parent Inc. (“BCP”, USA), controlled by Brookfield Asset Management Inc. (USA),
        acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control
        of the whole of DexKo Global Holdings Inc. (“DexKo”, USA), by way of purchase of
        shares.3
2.      The business activities of the undertakings concerned are:
—       BCP is controlled by Brookfield Asset Management Inc., a global asset manager that
        offers a range of public and private investment products and services, with a focus on
        real estate, infrastructure, renewable power and private equity,
—       DexKo is a supplier of engineered running gear technology, chassis assemblies and
        related components. DexKo sells axle assemblies, chassis, suspension and related
        components and other components for a range of trailer and other towable end-
        products.
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 322, 11.8.2021, p. 3.
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(b) 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.
                                              2