COMMISSION DECISION of 29/05/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2442 - NOBIA/MAGNET) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 016 , 19/01/2002 P. 0014 - 0014 COMMISSION DECISION of 29/05/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2442 - NOBIA/MAGNET) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Brussels, 29/05/2001 SG (2001) D/288803 To the notifying party Dear Madam(s) and/or Sir(s), Subject: Case No. COMP/M.2442 - NOBIA/MAGNET Notification of 24 April 2001 pursuant to Article 4 of Council Regulation (EEC) No.
4064/89 [1] Publication in the Official Journal of the European Communities No. C 132, 04/05/2001, 02. [1] OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17. 1. On 24/04/2001, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking Inhoco 2297 Ltd. controlled by Nobia AB acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Magnet Ltd. by way of purchase of shares.
2. The business activities of the undertakings concerned are: - for undertaking Inhoco 2297 Ltd. : a vehicle set up to acquire Magnet Ltd. - for undertaking Nobia AB: manufactures and distributes fixed interior furniture (kitchens, bathroom et cetera). - for undertaking Magnet Ltd.: manufactures and distributes fixed interior furniture (kitchens and bedrooms), joinery products (e.g. doors and windows) and related products. 3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2]. [2] OJ C 217, 29.07.2000, p.
32. 4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89. For the Commission