CELEX: 32018M9225
Language: en
Date: 2018-12-21 00:00:00
Title: Commission Decision of 21/12/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.9225 - MML Capital Partners Fund VI GP Ltd / Macquarie European Investment Holdings Limited) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 21.12.2018
                                                                C(2018) 9214 final
                                                                   PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M. 9225 – MML Capital Partners/Macquarie Group/Peggy Holdco
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                          2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 29 November 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation, by which Macquarie
        European Investment Holdings Limited, belonging to Macquarie Group Limited
        ("Macquarie", Australia), and MML Capital Partners Fund VI GP Ltd, belonging to MML
        UK Partners LLP ("MML", United Kingdom), acquire within the meaning of Article
        3(1)(b) and 3(4) of the Merger Regulation joint control of Peggy Holdco Limited,
        Macquarie’s subsidiary owning ParkingEye Limited (United Kingdom), a carpark
        management company, by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
           for Macquarie: a global provider of banking, financing, advisor, investment and funds
               management services,
           for MML: a private equity firm.
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 paragraphs 5(a)
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 439, 06.12.2018, p. 32.
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---    and 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)
                                                   Johannes LAITENBERGER
                                                   Director-General
4  OJ C 366, 14.12.2013, p. 5.
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