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Commission Decision of 10/11/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8250 - ARDIAN / WEBER AUTOMOTIVE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

CELEX
32016M8250
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2016-11-10
In force since
2016-11-10
Status
In force

Text

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

m8250.docx EUROPEAN COMMISSION Brussels,10.11.2016 C(2016) 7318 final PUBLIC VERSION To the notifying party Subject : Case M. 8250 - ARDIAN / WEBER AUTOMOTIVE Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 1 and Article 57 of the Agreement on the European Economic Area 2 Dear Sir or Madam, 1. On 17 October 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Ardian SAS (" Ardian ", France) will acquire sole control over Weber Automotive GmbH ("Weber Automotive", Germany) within the meaning of Article 3(1)(b) of the Merger Regulation, by way of a purchase of shares.

3 2. The business activities of the undertakings concerned are: - Ardian is an independent private investment firm based in Paris, which manages several funds that specialise in private equity investment and asset management for institutional investors. - Weber Automotive manufactures and sells automotive components, in particular, machined power train components, including engine blocks, cylinder heads, transmission housings and casings. The company also assembles drive trains for vehicles. 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 .

4 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 and Article 57 of the EEA Agreement . For the Commission (Signed) Johannes LAITENBERGER 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 L 1, 3.1.1994, p. 3 ( the ' EEA Agreement ' ). (3) Publication in the Official Journal of the European Union No C 393 , 25.10.2016 , p. 13 . (4) OJ C 366, 14.12.2013, p. 5 .

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