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Document 52018M8977

Prior notification of a concentration (Case M.8977 — Lone Star Funds/Imerys TC) — Candidate case for simplified procedure (Text with EEA relevance.)

OJ C 322, 12.9.2018, p. 18–18 (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 322/18

Prior notification of a concentration

(Case M.8977 — Lone Star Funds/Imerys TC)

Candidate case for simplified procedure

(Text with EEA relevance)

(2018/C 322/08)


On 30 August 2018, 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:

LSF10 Impala Investments SARL (Luxembourg), controlled by Lone Star Fund X (United States) (together ‘Lone Star Funds’),

Imerys TC, société par actions simplifiée (‘Imerys’, France), controlled by Imerys SA (France).

Lone Star Funds acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Imerys. The concentration is accomplished by way of purchase of assets.


The business activities of the undertakings concerned are:

—   for Lone Star Funds: as a private equity firm, investing in real estate, equity, credit and other financial assets around the world,

—   for Imerys: designing and providing roofing products including clay and terracotta tiles, photovoltaic solutions, thermal roofing and accessories, serving individuals, professionals, and construction companies, almost exclusively in France.


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.8977 — Lone Star Funds/Imerys TC

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.