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Document C2013/102/05

    Prior notification of a concentration (Case COMP/M.6890 — SCPE/Pemgrofund/Carlyle/ETC Group) — Candidate case for simplified procedure Text with EEA relevance

    OJ C 102, 9.4.2013, p. 5–5 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    9.4.2013   

    EN

    Official Journal of the European Union

    C 102/5

    Prior notification of a concentration

    (Case COMP/M.6890 — SCPE/Pemgrofund/Carlyle/ETC Group)

    Candidate case for simplified procedure

    (Text with EEA relevance)

    2013/C 102/05

    1.

    On 2 April 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings ETC Holdings (Mauritius) Limited (‘ETC Holdings’, Mauritius), Standard Chartered Private Equity (Mauritius) III Limited (‘SCPE’, Mauritius), PRIF AfriVest Limited (‘Pemgrofund’, Mauritius) and CSSAF Consumer I (‘CSSAF’, Mauritius) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Export Trading Company Group (‘ETCG’, Mauritius) by way of purchase of shares.

    2.

    The business activities of the undertakings concerned are:

    —

    for ETCG and ETC Holdings: operation of a vertically-integrated agriculture business across the African subcontinent including procurement, processing, warehousing, transport, distribution and merchandising of agricultural commodities,

    —

    for Pemgrofund: as a long term fund, investment in infrastructure and related opportunities across Africa,

    —

    for CSSAF: global alternative asset management,

    —

    for SCPE: provision of equity funding for expansions, acquisitions, leveraged buyouts and management buyouts across a range of industries.

    3.

    On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 the EC Merger Regulation (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 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6890 — SCPE/Pemgrofund/Carlyle/ETC Group, 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 ‘EC Merger Regulation’).

    (2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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