Commission Decision of 14/12/2010 declaring a concentration to be compatible with the common market (Case No COMP/M.6034 - NORDIC CAPITAL / SAFEROAD / VIACON) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic) (.PICT.) |EUROPEAN COMMISSION | Brussels , 14.12.2010 SG-Greffe(2010) D/20091 C(2010) 9355 final PUBLIC VERSION MERGER PROCEDURE ARTICLE 6(1)(b) DECISION SIMPLIFIED PROCEDURE To the notifying party Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6034 – NORDIC CAPITAL / SAFEROAD / VIACON Notification of 12.11.2010 pursuant to Article 4 of Council Regulation (EC) No 139/2004 [1] Publication in the Official Journal of the European Union No C 318, 23.11.2010, p.11 1.
On 12.11.2010, the European Commission received a notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of the Merger Regulation by which the undertaking Saferoad SA ("Saferoad", Norway) controlled by Nordic Capital Fund VII ("Nordic Capital", Jersey) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking ViaCon Holding AB ("ViaCon", Sweden) by way of purchase of shares. 2. The business activities of the undertakings concerned are: - for Nordic Capital : private equity investments in large and medium-sized companies; - for Saferoad : manufacturer and distributor of products and solutions for traffic safety; - for ViaCon : manufacturer and distributor of products used in road and railways construction works.
3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [2] . 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation.
For the Commission, (signed) Alexander ITALIANER Director General [1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision. [2] OJ C 56, 5.3.2005, p. 32.