Commission Decision of 26/04/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2759 - INDUSTRI KAPITAL / GARDENA) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 108 , 04/05/2002 P. 0009 - 0009 Commission Decision of 26/04/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2759 - INDUSTRI KAPITAL / GARDENA) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Brussels, 26/04/2002 SG (2002) D/229617 To the Notifying Parties Dear Madam(s) and/or Sir(s), Subject:
Case No. COMP/M.2759 - INDUSTRI KAPITAL / GARDENA Notification of 22/03/2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 79 of 03/04/2002, page 15. [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 22/03/2002, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking Industri Kapital 2000 Ltd ("Industri Kapital", Channel Islands) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the undertaking Gardena Holding AG ("Gardena", Germany) by way of purchase of shares.
2. The business activities of the undertakings concerned are : - for Industri Kapital : investment company - for Gardena: garden equipment for the garden leisure market 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 b, 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 Mario MONTI Member of the Commission