CELEX: 32011M6288
Language: en
Date: 2011-07-26 00:00:00
Title: Commission Decision of 26/07/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6288 - BLACKSTONE / STARGAZER) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

|

32011M6288

Commission Decision of 26/07/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6288 - BLACKSTONE / STARGAZER) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION     |
            Brussels , 26.07.2011
             C(2011)5503  
              PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
              | To the notifying party |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6288 – Blackstone / Stargazer Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 21 June 2011 the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which The Blackstone Group L.P. ("Blackstone", USA) acquires within the meaning of Article 3(1)(b) of the  Merger Regulation sole control of the whole of Stargazer GmbH and its subsidiaries ("Stargazer", Germany) by way of purchase of shares.
            2.  The business activities of the undertakings concerned are:
              - for Blackstone : a global alternative asset manager and provider of financial advisory services.
             - for Stargazer : a developer and marketer, through its operating subsidiary Jack Wolfskin, of clothing, footwear and equipment designed to be suitable for outdoor activities such as camping, trekking and hiking [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
            [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 191, 01.07.2011, p.19
            [3] OJ C 56, 5.3.2005, p. 32.