CELEX: 32015M7681
Language: en
Date: 2015-07-27 00:00:00
Title: Commission Decision of 27/07/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7681 - CINVEN CAPITAL MANAGEMENT / LABCO) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 27.07.2015
                                        C(2015) 5396 final

                                        [pic]

|To the notifying party:                                                |                                                                       |

Dear Sir/Madam,

Subject:    Case M. 7681 – CINVEN CAPITAL MANAGEMENT/ LABCO
         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 29 June 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by
    which Cinven Capital Management (V) General Partner Limited (‘Cinven’, United Kingdom) acquires within the meaning of Article 3(1)(b) of the
    Merger Regulation control of the whole of the undertaking Labco S.A. (‘Labco’, France) by way of purchase of shares.[3]

 2. The business activities of the undertakings concerned are:

      – Cinven is a private equity business engaged in the provision of investment management services to a number of investment funds;

      – Labco is a pan-European network of laboratories offering medical diagnostic services, including  medical  biology  diagnostics,  anatomic
        pathology diagnostics and medical imaging diagnostics.

 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 225, 10.07.2015, p. 5.

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

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE