Commission Decision of 08/11/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4412 - PERMIRA HOLDINGS / BORSODCHEM) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Brussels, 08/11/2006 SG-Greffe(2006) D/206686 To the notifying party: Dear Madam(s) and/or Sir(s), Subject: Case No. COMP/M.4412 – Permira Holdings Ltd/BorsodChem Notification of 09.10.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C 251, 17.10.2006, p. 2 1. On 09.10.2006 the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No.
139/2004 by which the undertaking Permira Holdings Ltd (“PHL”, Guernsey) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking BorsodChem Nyrt (“BorsodChem”, Hungary) by way of purchase of shares. The business activities of the undertakings concerned are: - for Permira Holdings Ltd: Holding company for undertakings active in a variety of sectors, including ingredients for plastic production; - for BorsodChem: production of certain plastics and plastic ingredients. 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) No. 139/2004 [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 Philip LOWE Director General [1] OJ L 24, 29.1.2004 p. 1 [2] OJ C 56, 05.3.2005 p.32 --------------------------------------------------