CELEX: 32015M7531
Language: en
Date: 2015-03-13 00:00:00
Title: Commission Decision of 13/03/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7531 - WENDEL / CONSTANTIA FLEXIBLES) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 13.3.2015
                                        C(2015) 1851 final

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|To the notifying party:                                                |
|                                                                       |

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

Subject:    Case M.7531 - WENDEL / CONSTANTIA FLEXIBLES
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

1. On 16 February 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger  Regulation
   by which the undertaking Wendel S.A (France) acquires within the meaning of Article 3(1)(b) of the  Merger Regulation control of the whole  of
   the undertaking Constantia Flexibles GmbH (Austria) by way of purchase of shares.[3]

 2. The business activities of the undertakings concerned are:

   -  Wendel S.A is an investment firm with a diversified financial portfolio in several industrial sectors, including,  among  others,  in  the
      production of polymer rigid containers.

      -     Constantia Flexibles GmbH is a global producer of flexible packaging products  for  everyday  use  items  such  as  food,  dairy  and
      personal care products.

 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

                                        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]   OJ L 1, 3.1.1994, p.3 ("the EEA Agreement").

[3]   Publication in the Official Journal of the European Union No C 66, 24.2.2015, p. 7.

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

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE