CELEX: 32014M7314
Language: en
Date: 2014-09-02 00:00:00
Title: Commission Decision of 02/09/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7314 - NORDIC CAPITAL / GINA TRICOT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |
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                                        Brussels, 02.09.2014
                                        C(2014) 6296 final

|To the notifying party:                                            |                                                                   |
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Dear Madam(s) and/or Sir(s),

Subject:    Case M.7314 -NORDIC CAPITAL/ GINA TRICOT
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 7 August 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the  Merger  Regulation
    by which the undertaking Nordic Capital VIII Limited ("Nordic Capital", Jersey) acquires within the meaning of Article 3(1)(b) of the Merger
    Regulation sole control of the undertaking Gina Tricot  AB ("Gina Tricot", Sweden), by way of purchase of shares.

            2. The business activities of the undertakings concerned are:

      -      for Nordic Capital: private equity fund;

      -     for Gina Tricot: parent company of the Gina Tricot Group, active in the sale of women's fashion, accessories and cosmetic, mainly  in
           Northern Europe.[2]

 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 (c) of the Commission Notice on a simplified procedure for treatment of  certain  concentrations  under
    Council Regulation (EC) No 139/2004.[3]

 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.

                                        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]   Publication in the Official Journal of the European Union No C 272, 20.8.2014, p. 8.
[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE