CELEX: 32021M10039
Language: en
Date: 2021-03-30 00:00:00
Title: Commission Decision of 30/03/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10039 - KRONOSPAN HOLDINGS / M KAINDL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 30.3.2021
                                                                C(2021) 2410 final
                                                                                 PUBLIC VERSION
                                                                Peter Kaindl
                                                                Calle Eduardo Dato, 21/3D
                                                                E-28010 Madrid
                                                                Spain
                                                                Kronospan Holdings P.L.C.
                                                                Tagmatarchou Pouliou 9
                                                                Grayoak House
                                                                Ayos Andreas
                                                                1101 Nicosia
                                                                Cyprus
Subject:        Case M.10039 – KRONOSPAN HOLDINGS / M KAINDL
                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 5 March 2021, and following a referral pursuant to Article 4(5) of the Merger
        Regulation, the European Commission received a notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Peter Kaindl,
        through Kronospan Holdings P.L.C. (Cyprus, ‘Kronospan’), intends to acquire within
        the meaning of Article 3(1)(b) of the Merger Regulation sole control of M. Kaindl
        OG. (Austria, ‘M. Kaindl’), currently jointly controlled by Peter Kaindl and Ines
        Benes-Kaindl. The concentration is accomplished by way of a purchase of shares.3
2.      The business activities of the undertakings concerned are:
             Peter Kaindl controls Kronospan, which is active worldwide in the production and
              sale of wood-based panels and their finishing,
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 (the ‘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 83, 12.3.2021, p. 8.
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---        M. Kaindl is active in the markets for wood-based materials, including raw and
        coated particleboard, raw and coated Medium Density Fibreboard, High Density
        Fibreboard, laminate flooring, components and decorative laminate.
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 (d) 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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