Commission Decision of 13/09/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2943 - VESTAR CAPITAL PARTNERS / CARDO RAIL) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 228 , 25/09/2002 P. 0014 - 0014 Commission Decision of 13/09/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2943 - VESTAR CAPITAL PARTNERS / CARDO RAIL) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying party Dear Madam(s) and/or Sir(s), Subject: Case No.
COMP/M.2943 - Vestar Capital Partners / Cardo Rail Notification of 9 August 2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 196, 17/08/2002, p. 9 [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 9 August 2002 the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/891 by which the undertaking Vestar Capital Partners IV (US) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Cardo Rail (Sweden), by way of purchase of shares.
2. Vestar Capital Partners IV is one of three funds in the private equity firm Vestar Capital Partners. Cardo Rail produces and supplies brake systems for rail vehicles 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 (signed) Mario MONTI Member of the Commission