Commission Decision of 10/04/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3139 - CARLYLE / BREED TECHNOLOGIES) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 100 , 26/04/2003 P. 0023 - 0023 Brussels, 10/04/2003 SG (2003) D/229373 To the Notifying Parties Dear Madam(s) and/or Sir(s), Subject: Case No. COMP/M.3139 – Carlyle / Breed Technologies Notification of 14/03/2003 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No.
C 71, 25/03/2003, page 4 1. On 14.03.2003, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which the undertaking Carlyle Management Group I, L.P. (“Carlyle”, USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Breed Technologies, Inc (“Breed”, USA) by way of purchase of shares. 2. The business activities of the undertakings concerned are : - for Carlyle : private investment group - for Breed : design, development, production and sale of components used in integrated occupant protection systems, steering wheels, car accessories and electronics.
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]. 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 [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. [2] OJ C 217, 29.07.2000, p. 32. --------------------------------------------------