CELEX: 32014M7269
Language: en
Date: 2014-06-05 00:00:00
Title: Commission Decision of 05/06/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7269 - KALLISTO / CABB INTERNATIONAL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

|

32014M7269

Commission Decision of 05/06/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7269 - KALLISTO / CABB INTERNATIONAL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION      |
             Brussels, 5.6.2014
             C(2014) 3887 final
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
             |To the notifying party: |
             Dear Madam(s) and/or Sir(s),
             Subject: Case M.7269 – KALLISTO/ CABB INTERNATIONAL Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1] 
            1.  On 12 May 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking Kallisto Einhundertste Vermögensverwaltungs-GmbH, ultimately controlled by Permira Holdings Limited ("Permira", Guernsey) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of the undertaking CABB International GmbH ("CABB", Germany) by way of purchase of shares [2]  .
            2.  The business activities of the undertakings concerned are:
              - for Permira: investment fund specialising in Consumer, Financial Services, Healthcare, Industrials and TMT (technology, media and telecommunications).
              - for CABB: international manufacturing and distribution of fine chemicals, intermediates and customised chemical products, with a particular focus on monochloroacetic acid.
            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 C 150, 17.5.2014, p.12
            [3] OJ C 366, 14.12.2013, p. 5.