Commission Decision of 20/03/2013 declaring a concentration to be compatible with the common market (Case No COMP/M.6829 - INVESTINDUSTRIAL / ASTON MARTIN) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic) |EUROPEAN COMMISSION | Brussels, 20.3.2013 C(2013) 1805 final PUBLIC VERSION SIMPLIFIED MERGER PROCEDURE To the notifying party: | | | | Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6829 - INVESTINDUSTRIAL/ ASTON MARTIN Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 1 February 2013, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking Prestige Motor Holdings S.A.
("PMH", Luxembourg, controlled by Investindustrial V LP, United Kingdom, which in turn is controlled by BI-Invest Holdings S.A., Luxembourg) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Aston Martin Holdings (UK) Limited ("Aston Martin", United Kingdom) by way of purchase of shares [2] . 2. The business activities of the undertakings concerned are: - for PMH : investment in companies with a focus on the automotive industry; - for Aston Martin : manufacture and worldwide distribution of luxury performance motor cars. 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 C 61, 02/03/2013, p.4. [3] OJ C 56, 5.3.2005, p. 32.