CELEX: 32012M6620
Language: en
Date: 2012-07-19 00:00:00
Title: Commission Decision of 19/07/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6620 - PLATINUM EQUITY / CATERPILLAR LOGISTICS SERVICES) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32012M6620

Commission Decision of 19/07/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6620 - PLATINUM EQUITY / CATERPILLAR LOGISTICS SERVICES) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION      |
             Brussels, 19.07.2012
             C(2012) 5229
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
            To the notifying party:   |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6620 – PLATINUM EQUITY/ CATERPILLAR LOGISTICS SERVICES  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            (1)  On 19 June 2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Platinum Equity LLC ("Platinum", USA) will acquire within the meaning of Article 3(1)(b) of the EU Merger Regulation sole control of Caterpillar Logistics Services LLC ("CLS", USA) from Caterpillar Inc. ("Caterpillar", USA) through the purchase of shares. [2]   
            (2)  The business activities of the undertakings concerned are: 
            a.  Platinum is a private equity firm specialising in the acquisition and operation of companies that provide services and solutions to customers in a broad range of businesses including information technology, telecommunications, transportation and logistics, metal services, manufacturing and distribution;  
            b.  CLS is active in the provision of contract logistics;
            c.  Caterpillar is the ultimate parent company of a global, diversified group that is active, inter alia, in the provision of machinery, engines and financial products. It manufactures and sells engines and machinery for a large number of applications.
            (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. [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
            [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 C186, 26.06.2012, p.10.
            [3] OJ C 56, 5.3.2005, p. 32.