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Document C2008/019/10

Prior notification of a concentration (Case COMP/M.5015 — Sagard/BPEF/Fläkt Woods JV) — Candidate case for simplified procedure Text with EEA relevance

OJ C 19, 25.1.2008, p. 21–21 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

25.1.2008   

EN

Official Journal of the European Union

C 19/21


Prior notification of a concentration

(Case COMP/M.5015 — Sagard/BPEF/Fläkt Woods JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2008/C 19/10)

1.

On 11 January 2008, 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 Sagard SAS (‘Sagard’, France) belonging to the Power Corporation of Canada Group (‘PCC’, Canada) and Barclays Private Equity France SAS (‘BPEF’, France) indirectly owned by Barclays Bank plc (‘Barclays’, United Kingdom) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the whole of the undertaking Fläkt Woods (Luxembourg) SARL (‘Fläkt Woods’, Luxembourg) by way of a new shareholders agreement to be entered into by Sagard and BPEF.

2.

The business activities of the undertakings concerned and the groups to which they belong are:

for PCC: insurance services, financial services, communication services, technology and biotechnology,

for Sagard: management of investment funds,

for Barclays: financial services,

for BPEF: management of investment funds,

for Fläkt Woods: manufacture of air ventilation and air handling systems, and air movement systems.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 the 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 ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.5015 — Sagard/BPEF/Fläkt Woods JV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Bruxelles/Brussel


(1)  OJ L 24, 29.1.2004, p. 1.

(2)  OJ C 56, 5.3.2005, p. 32.


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