Commission Decision of 04/08/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3215 - MONTAGU PRIVATE EQUITY / LINPAC) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 199 , 23/08/2003 P. 0016 - 0016 Official Journal 201 , 26/08/2003 P. 0013 - 0013 Commission Decision of 04/08/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3215 - MONTAGU PRIVATE EQUITY / LINPAC) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying party Dear Sir/Madam, Subject:
Case No. COMP/M.3215 - Montagu Private Equity / Linpac Notification of 01.07.2003 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 162 of 11.07.2003, page 26 1. On 01.07.2003, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking Montagu Private Equity Limited ("MPE", UK), jointly controlled by Montagu Management Limited ("MML", UK) and The Hong-Kong and Shanghai Banking Corporation Bank plc ("HSBC", UK), acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Linpac Group Limited ("Linpac", UK) by way of purchase of shares.
2. The business activities of the undertakings concerned are : - for MPE : private equity fund management company ; - for MML : holding company of MPE's managers ; - for HSBC : financial and banking services ; - for Linpac : packaging and automotive components. 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 Signed by Mario MONTI Member of the Commission