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Document 52021M10105

Prior notification of a concentration (Case M.10105 — FSN Capital/Obton Invest/Obton Group) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 24/15


OJ C 24, 22.1.2021, p. 32–33 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)



Official Journal of the European Union

C 24/32

Prior notification of a concentration

(Case M.10105 — FSN Capital/Obton Invest/Obton Group)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 24/15)


On 14 January 2021, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004. (1)

This notification concerns the following undertakings:

FSN Capital GP VI Limited (‘FSN Capital VI’, United Kingdom), belonging to the group FSN Capital,

Obton Invest A/S (‘Obton Invest’, Denmark),

Obton Group Holding A/S (‘Obton Group’, Denmark), currently controlled by Obton Invest.

FSN Capital VI and Obton Invest acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Obton Group.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.


The business activities of the undertakings concerned are:

for FSN Capital VI: investment fund managed by FSN Capital, a private equity advisor active in the Northern European region, which provides investment opportunities to institutional investors,

for Obton Invest: holding company of Obton Group, through which it provides alternative investment opportunities,

for Obton Group: specialised alternative investment provider, which provides photovoltaic solar projects and real estate investment opportunities to individual private investors via its subsidiaries.


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 the Notice.


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. The following reference should always be specified:

M.10105 — FSN Capital/Obton Invest/Obton Group

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:


Fax +32 22964301

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel


(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.