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Commission Decision of 16/03/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6500 - RAVAGO / BARENTZ EUROPE / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

CELEX
32012M6500
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2012-03-16
In force since
2012-03-16
Status
In force

Text

This document has no article-level structure in its source. Full text below.

Commission Decision of 16/03/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6500 - RAVAGO / BARENTZ EUROPE / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic) |EUROPEAN COMMISSION | Brussels , 16.3.2012 C(2012) 1879 PUBLIC VERSION | | SIMPLIFIED MERGER PROCEDURE | |To the notifying parties | Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6500 - Ravago/ Barentz Europe/JV Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 19 January 2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertakings Barentz Europe ("Barentz", the Netherlands) and Ravago SA ("Ravago", Luxembourg) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Barentz Ravago Chemical Specialist SA ('the JV', Luxembourg) by way of purchase of shares in a newly created company constituting a joint venture [2] .

2. This notification was declared incomplete on 26 January 2012. The undertakings concerned have now provided the further information required. The notification became complete within the meaning of Article 10(1) of Council Regulation (EC) No 139/2004 on 15 February 2012. 3. The business activities of the undertakings concerned are: - for Barentz: distribution of ingredients and additives for the food, pharmaceutical and cosmetics, chemical and animal nutrition industries, - for Ravago: distribution, resale, compounding and recycling services for plastic and elastomeric raw materials, - for the JV: chemical distribution.

4. 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 [3] . 5. 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] Publication in the Official Journal of the European Union No C 52, 22.2.2012, p. 16. [3]OJ C 56, 5.3.2005, p. 32.

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