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Document 32018M8757
Commission Decision of 12/02/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8757 - NORDIC CAPITAL / ALLOHEIM) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
Commission Decision of 12/02/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8757 - NORDIC CAPITAL / ALLOHEIM) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
Commission Decision of 12/02/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8757 - NORDIC CAPITAL / ALLOHEIM) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
In force
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EUROPEAN COMMISSION |
Brussels, 12.2.2018
C(2018) 957 final
PUBLIC VERSION
To the notifying party:
Subject:Case M.8757 – NORDIC CAPITAL / ALLOHEIM
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 09 January 2018, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Nordic Capital VIII Limited acting in its capacity as general partner for and on behalf of Nordic Capital VIII Alpha, L.P. and Nordic Capital VIII Beta, L.P. (together ‘Nordic Capital Fund VIII’, Jersey) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over the whole of Alloheim Senioren-Residenzen Holding SE (‘Alloheim’, Germany) by way of purchase of shares. 3
2.The business activities of the undertakings concerned are:
-for Nordic Capital Fund VIII: leading private equity house currently with controlling interests in 24 portfolio companies which are active in a wide range of sectors,
-for Alloheim: operation of German nursing homes and provision of stationary care in the form of elderly care (including day care), specialised care and assisted living, as well as ambulatory care.
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
(Signed)
Johannes LAITENBERGER
Director-General
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.
OJ C 366, 14.12.2013, p. 5.