Prior notification of a concentration (Case M.8098 - Italmobiliare/Clessidra SGR) - Candidate case for simplified procedure (Text with EEA relevance)

(2016/C 261/05)
On 12 July 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Italmobiliare S.p.A. (‘Italmobiliare’, Italy) acquires, within the meaning of Article 3(1)(b) of the Merger Regulation, sole control over Clessidra SGR S.p.A. (‘Clessidra’, Italy) by way of purchase of shares.
The business activities of the undertakings concerned are the following:
Italmobiliare is a financial holding company with investments in companies operating in different sectors, including construction materials, food packaging, banking, real estate and e-commerce,
Clessidra is a private equity company which manages various funds with portfolio companies active in various sectors, including chemistry, pharmaceuticals, vinegar, plastic molded products, apparel, luxury jewellery, telecommunication network infrastructure, financial services and gaming.
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.
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 or by post, under reference M.8098 — Italmobiliare/Clessidra SGR, to the following address:
European Commission
Directorate-General for Competition
Merger Registry
1049 Bruxelles/Brussel
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).
(2) OJ C 366, 14.12.2013, p. 5.
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