Commission Decision of 12/12/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3319 - DOUGHTY HANSON / SAFT) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 311 , 20/12/2003 P. 0039 - 0039 Commission Decision of 12/12/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3319 - DOUGHTY HANSON / SAFT) 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.3319 - Doughty Hanson/SAFT Notification of 14.11.2003 pursuant to Article 4 of Council Regulation (EEC) No.
4064/89 [1], as last amended by Regulation (EC) No 1310/97 [2] Publication in the Official Journal of the European Union No. C 281, 22.11.2003. [1] OJ L 395, 30.12.1989 p. 1; corrigendum: OJ L 257, 21.9.1990, p. 13. [2] OJ L 180, 9. 7. 1997, p. 1; corrigendum OJ L 40, 13.2.1998, p. 17. 1. On 14.11.2003, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89, as last amended by Regulation (EC) No 1310/97, by which the undertaking Doughty Hanson & Co limited ("DHC", UK) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking SAFT, belonging to the French Alcatel group, by way of purchase of shares.
2. The business activities of the undertakings concerned are : - for undertaking DHC: private equity fund manager - for undertaking SAFT: design, development, manufacture, marketing, sale and distribution of industrial batteries, portable batteries and speciality batteries. 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 [3]. [3] 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