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Commission Decision of 02/08/2017 declaring a concentration to be compatible with the common market (Case No COMP/M.8551 - ADVENT INTERNATIONAL / FAERCH PLAST GROUP) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

CELEX
32017M8551
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2017-08-02
In force since
2017-08-02
Status
In force

Text

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

m8551.docx EUROPEAN COMMISSION Brussels, 2.8.2017 C(2017) 5568 final To the notifying part y : Subject : Case M. 8551 – ADVENT INTERNATIONAL / FAERCH PLAST GROUP 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 10 July 2017 , the European Commission received notification of a proposed conc entration pursuant to Article 4 of the Merger Regulation by which the undertaking Advent International (United States) acquires within the meaning of Article 3(1 )( b) of the Merger Regulation control of the whole of the undertaking Færch Plast Group A/S (Denmark) by way of purchase of shares .

3 2. The business activities of the undertakings concerned are: - for undertaking Advent International: private equity investment, - for undertaking Færch Plast Group A/S: manufacturing of plastic trays for food packaging. 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 . 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 (S igned) 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 233 , 19 . 7 . 2017 , p. 6 . (4) OJ C 366, 14.12.2013, p. 5 .

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