CELEX: 32006M4274
Language: en
Date: 2006-07-28 00:00:00
Title: Commission Decision of 28/07/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4274 - INVESTINDUSTRIAL / STROILI ORO) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32006M4274

Commission Decision of 28/07/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4274 - INVESTINDUSTRIAL / STROILI ORO) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 28/07/2006SG-Greffe(2006) D/204313To the notifying party:Dear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.4274 - Investindustrial/Stroili OroNotification of 22/06/2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C 153 of 01/07/2006, page 16.1. On 22/06/2006, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the undertaking Investindustrial III LP (Italy) acquires within the meaning of Article 3(1)(b) of the Council Regulation joint control of Stroili Oro SpA (Italy), currently jointly controlled by L Capital management SA (France) and Ergon Capital Partners SA (Belgium), by way of purchase of shares.2. The business activities of the undertakings concerned are :- for Investindustrial: investment fund specialised in medium and small undertakings in Italy and Spain;- for Stroili Oro: retail distribution of semi-precious jewellery and watches.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, b, 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 Commissionp.p. L. EVANSPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------