Commission Decision of 03/03/2005 declaring a concentration to be compatible with the common market (Case No IV/M.3723 - EQT / ISS / HEALTHCARE / CAREPARTNER / JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) | |Brussels, 03/03/2005 SG-Greffe(2005) D/200935 To the notifying parties | Dear Madam and Sirs, Subject : Case No. COMP/M. 3723 – EQT/ISS/HEALTHCARE/CAREPARTNER JV Notification of 3 February 2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. 38, of 15/02/2005, p. 13.
1. On 3 February 2005 , the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the undertaking EQT III Limited, which belongs to the EQT Group (UK), acquires within the meaning of Article 3(1)(b) of the Council Regulation joint control of the businesses of ISS Health Care AB (“Health Care”, Denmark) and Care Partner Sverige AB (“Care Partner”, Sweden), which are currently solely controlled by ISS Global A/S (“ISS”, Denmark), belonging to the ISS A/S Group, by way of purchase of shares in a newly created company constituting a joint venture.
2. The business activities of the undertakings concerned are : - for EQT III: private equity fund; - for ISS: mainly facility services, such as cleaning services; - Health Care: management of local hospitals, mainly in Sweden; - Care Partner: services in the care for elderly and functionally disabled in Scandinavia. 2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No139/2004[2].
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 (EC) No. 139/2004. For the Commission (signed)Neelie KROES Member of the Commission [1] OJ L 24, 29.1.2004 p. 1 [2] Available on DG COMP website: http://europa.eu.int/comm/competition/mergers/legislation/consultation/simplified_tru.pdf. MERGER PROCEDURE ARTICLE 6(1)(b) DECISION SIMPLIFIED PROCEDURE PUBLIC VERSION