32001M2459

COMMISSION DECISION of 19/06/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2459 - CDC/CHARTERHOUSE/ALSTOM CONTRACTING) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Brussels, 19.06.2001

To the notifying parties

Dear Madam and Sir,

Subject: Case No. COMP/M.2459-CDC/Charterhouse/AlstomContracting

Notification of 17.05.2001 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1]

[1] OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.

Publication in the Official Journal of the European Communities No. C 153 of 24.05.2001, page 3.

1. On 17.05.2001, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 [2] by which the undertakings, CDC Equity Capital ("CDC") and Charterhouse General Partners (VI) Limited ("Charterhouse") acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the electrical contracting services business of Alstom Holdings, including Alstom Enterprise SA and Alstom Industrie SA ("Alstom Contracting") by way of purchase of shares.The business activities of the undertakings concerned are:

[2] OJ L 395, 30.12.1989 p. 1; corrigendum OJ L 257 of 21.9.1990, p. 13; Regulation as last amended by Regulation (EC) No 1310/97 (OJ L 180, 9. 7. 1997, p. 1, corrigendum OJ L 40, 13.2.1998, p. 17).

- CDC: fund management

- Charterhouse: fund management

- Alstom Contracting: electrical equipment installations in industrial and commercial premises.

2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph (c), of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [3].

[3] OJ C 217, 29.07.2000, p. 32.

3. To the extent that restrictions specified by the parties are directly related and necessary to the implementation of the concentration, these restrictions are covered pursuant to Article 6(1)(b), second subparagraph, of Council Regulation (EEC) No. 4064/89.

4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.

For the Commission

Mario MONTI Member of the Commission