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Commission Decision of 18/07/2002 declaring a concentration to be compatible with the common market (Case No COMP/M.2847 - CVC / SIX VENDEX KBB) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

CELEX
32002M2847
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2002-07-18
In force since
2002-07-18
Status
In force

Text

This document has no article-level structure in its source. Full text below.

Commission Decision of 18/07/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2847 - CVC / SIX VENDEX KBB) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 201 , 24/08/2002 P. 0018 - 0018 Commission Decision of 18/07/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2847 - CVC / SIX VENDEX KBB) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying parties Dear Sirs, Subject: Case No. COMP/M.2847 - CVC / Six Vendex KBB Notification of 19.06.2002 pursuant to Article 4 of Council Regulation (EEC) No.

4064/89 [1] [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. Publication in the Official Journal of the European Communities No. C 154 of the 28.06.2002, page 6. 1. On 19.06.2002 the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking CVC Group, United Kingdom, acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of six retail undertakings:

Optische Exploitatie Maatschappij B.V., Siebel B.V., Perry Sport B.V., Kijkshop B.V., Scapino B.V. and Prénatal Moeder en Kind B.V. (jointly referred to as "Target Group"), the Netherlands, by way of purchase of shares. The business activities of the undertakings concerned are: For CVC Group: investment and management advice to and management of investments on behalf of investment funds. For Target Group: (i) retail and wholesale trade in optical products (OEM); (ii) manufacturing, wholesale and retail trade of jewellery and related products (IMAS, incl. Siebel); (iii) retail and wholesale trade in sports and leisure products (Perry Sport);

(iv) retail and wholesale trade of durable consumer goods (Kijkshop); (v) retail and wholesale trade in shoes (Scapino); and (vi) retail and wholesale trade in baby products (Prénatal). 2. 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. 3. 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, (Signed) Mario MONTI

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