Document ID: docfile:dff0e9d9-6a42-4b4c-8947-88d3990a1b2a
Source Database: euc_mergers
Source URL: https://ec.europa.eu/competition/mergers/cases/decisions/m6998_20130812_20310_3215589_EN.pdf
Title: CARLYLE / CHESAPEAKE PAPERBOARD BUSINESS
Date: 2013-08-12T00:00:00.000+02:00
Metadata: {"caseNumber": "M.6998", "caseInstrument": "M", "caseTitle": "CARLYLE / CHESAPEAKE PAPERBOARD BUSINESS", "caseLastDecisionDate": "2013-08-11T22:00:00.000Z", "caseCompanies": ["PROJECT CHASE", "CARLYLE / CHESAPEAKE PAPERBOARD BUSINESS"]}

EN

# Case No COMP/M.6998 - CARLYLE/ CHESAPEAKE PAPERBOARD BUSINESS

Only the English text is available and authentic.

#### **REGULATION (EC) No 139/2004 MERGER PROCEDURE**

#### Article 6(1)(b) NON-OPPOSITION Date: 12/08/2013

In electronic form on the EUR-Lex website under document number 32013M6998

[^]: Office for Publications of the European Union L-2985 Luxembourg

#### **EUROPEAN COMMISSION**

#### Brussels, 12.8.2013 C(2013) 5432 final

#### **PUBLIC VERSION**

#### **SIMPLIFIED MERGER PROCEDURE**

To the notifying party

Dear Madam(s) and/or Sir(s),

**Subject: Case No COMP/M.6998- CARLYLE/ CHESAPEAKE PAPERBOARD BUSINESS Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004**

    On 16 July 2013, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking Chase Bidco Limited ("Chase Bidco", United Kingdom), an acquisition vehicle owned and controlled by funds managed by The Carlyle Group ("Carlyle", USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the Chesapeake Paperboard Business ("Chesapeake Paperboard Business", Luxembourg),  a business division of Chesapeake, by way of purchase of shares.

The business activities of the undertakings concerned are:

    - for Carlyle : global alternative asset management;

    - for the Chesapeake Paperboard Business : manufacture and sale of paper-based packaging solutions.

[^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 208, 23.7.2013, p. 10

[^]: Commission européenne, 1049 Bruxelles, BELGIQUE / Europese Commissie, 1049 Brussel - BELGIË. Telephone: (32-2) 299 11 11.

    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)ii of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

    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

[^3]: OJ C 56, 5.3.2005, p. 32.

[^]: 2