Prior notification of a concentration (Case M.8141 - Watling Street/Sagemcom) - Candidate case for simplified procedure (Text with EEA relevance)

(2016/C 265/05)
1.
On 13 July 2016, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Watling Street Capital Partners LLP (United Kingdom), through its subsidiary Saturn BidCo SAS, acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Sagemcom Holding SAS (France) by way of purchase of shares.
2.
The business activities of the undertakings concerned are:
Watling Street Capital Partners LLP is the ultimate parent company of the group Charterhouse, which is composed of companies managing investment funds,
Sagemcom Holding SAS is the ultimate parent company of the group Sagemcom, which is composed of companies active in the development, production and distribution of added-value communicating terminals, energy management solutions, and telecommunications infrastructure.
3.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.
4.
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8141 — Watling Street/Sagemcom, to the following address:
European Commission
Directorate-General for Competition
Merger Registry
1049 Bruxelles/Brussel
BELGIQUE/BELGIË
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).
(2) OJ C 366, 14.12.2013, p. 5.
Share document:

Top documents

About EuroDocs

The legislative database of European documents. In European Union law, a decision is a legal instrument which is binding upon those individuals to which it is addressed. Regulations specifically means a piece of delegated legislation drafted by subject matter experts to enforce a statutory instrument.