Commission Decision of 02/07/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6625 - NORDIC CAPITAL / TOKMANNI) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic) |EUROPEAN COMMISSION | Brussels, 02/07/2012 C(2012) 4677 PUBLIC VERSION SIMPLIFIED MERGER PROCEDURE |To the notifying party: | Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6625 - NORDIC CAPITAL/ TOKMANNI Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 04/06/2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Nordic Capital VII Limited ("Nordic Capital", Jersey) belonging to the Nordic Capital Group (Jersey) acquires control of the whole of Tokmanni Oy ("Tokmanni", Finland) and its subsidiaries within the meaning of Article 3(1) (b) of the Merger Regulation, by way of purchase of shares and assets.
2. The business activities of the undertakings concerned are as follows: - for Nordic Capital: private equity investment firm; - for Tokmanni : discount retailer for the sale of everyday consumer goods, both food and non-food products through modern distribution channels in Finland [2] . 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(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3] .
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] Publication in the Official Journal of the European Union No C168, 14/06/2012, p.8 [3] OJ C 56, 5.3.2005, p. 32.