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Document C2015/438/05

    Prior notification of a concentration (Case M.7900 — CVC Capital Partners/USS WAY LP/Moto Holdings) — Candidate case for simplified procedure (Text with EEA relevance)

    OJ C 438, 30.12.2015, p. 7–7 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    30.12.2015   

    EN

    Official Journal of the European Union

    C 438/7


    Prior notification of a concentration

    (Case M.7900 — CVC Capital Partners/USS WAY LP/Moto Holdings)

    Candidate case for simplified procedure

    (Text with EEA relevance)

    (2015/C 438/05)

    1.

    On 18 December 2015, 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 CVC Capital Partners SICAV-FIS SA (‘CVC Group’, Luxembourg) and the Universities Superannuation Scheme Limited (‘USS’, the United Kindgdom).acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the undertaking Moto Holdings Limited (the ‘Target’, the United Kingdom) by way of purchase of shares.

    2.

    The business activities of the undertakings concerned are:

    —   for CVC Group: advice to and management of investment funds,

    —   for USS: acting as the sole corporate trustee of the Universities Superannuation Scheme, which is one of the largest private sector pension funds in the UK. The scheme administers the principal pension scheme for academic and comparable staff in UK universities and other higher education and research institutions,

    —   for the Target: operation of motorway service areas in the UK under the brand name ‘moto’.

    3.

    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 the 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.

    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 M.7900 — CVC Capital Partners/USS WAY LP/Moto Holdings, 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 ‘Merger Regulation’).

    (2)  OJ C 366, 14.12.2013, p. 5.


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