CELEX: 32018M8977
Language: en
Date: 2018-10-04 00:00:00
Title: Commission Decision of 04/10/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8977 - Lone Star Europe Acquisitions Limited / Imerys TC) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 4.10.2018
                                                                C(2018) 6601 final
                                                                        PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.8977 – LONE STAR / IMERYS TC
                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 30 August 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the undertaking
        Lone Star Funds acquires within the meaning of Article 3(1)(b) of the Merger Regulation
        control of the whole of Imerys TC.3
2.      The business activities of the undertakings concerned are:
               For LSF10 Impala Investments S.a.r.l. (Luxembourg), controlled by Lone Star Fund
               X (U.S.A.) (together ‘Lone Star Funds’): as a a private equity firm, investing in real
               estate, equity, credit and other financial assets around the world;
               For Imerys TC, société par actions simplifiée (France), controlled by Imerys S.A.
               (France): designing and providing roofing products including clay roof tiles, clay
               roof accessories, non-clay pitched roof accessories and solar roofing solutions for
               individuals, professionals and construction companies, almost exclusively in France.
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 322, 12.9.2018, p. 18.
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--- 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 139/2004.4
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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