CELEX: 32021M10293
Language: en
Date: 2021-07-29 00:00:00
Title: Commission Decision of 29/07/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10293 - GILDE FUND VI / EDCO) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 29.7.2021
                                                                 C(2021) 5830 final
                                                                                 PUBLIC VERSION
                                                                 Gilde Fund VI/ GMC VI B.V.
                                                                 Herculesplein 104
                                                                 3584AA Utrecht
                                                                 The Netherlands
Subject:        Case M.10293 – GILDE FUND VI / EDCO
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                (EC) No 139/20041 and Article 57 of the Agreement on the European
                Economic Area2
Dear Sir or Madam,
1.      On 1 July 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Gilde Buy-Out
        Fund VI C.V. and Gilde Buy-Out Fund VI2C.V., jointly referred to as ‘Gilde
        Fund VI’ (the Netherlands), acquire within the meaning of Article 3(1)(b) of the
        Merger Regulation sole control of Jadi International S.A., ‘EDCO’ (Luxembourg) by
        way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for Gilde Fund VI: investing, as a private equity fund, in mid-market companies
              that are active in various sectors in Europe,
             for EDCO: wholesale distribution of non-food fast moving consumer goods, both
              private label and branded, mainly to large retail chains and petrol stations across
              Europe.
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
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 279, 13.7.2021, p. 13.
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---    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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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