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9.2.2023 |
EN |
Official Journal of the European Union |
C 49/11 |
Prior notification of a concentration
(Case M.10971 – ILS / DANX / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 49/09)
1.
On 2 February 2023, 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:
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ILS sp. z o.o (‘ILS’, Poland), controlled by Inter Cars S.A. (‘Inter Cars’, Poland), |
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DANX Group A/S (‘DANX’, Denmark), controlled by Axcel VI (‘Axcel’, Denmark), |
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a newly created company (‘Target JV’, Poland). |
ILS and DANX will acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of the Target JV.
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.
2.
The business activities of the undertakings concerned are the following:|
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ILS is a logistics company, offering services and dedicated solutions related to storage of goods, as well as domestic and international transport (land, sea and intermodal transport), for the automotive, chemical, petrochemical and FMCG sectors. ILS is controlled by Inter Cars, a group active in the sale of automotive spare parts for passenger cars and commercial vehicles, |
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DANX is a logistics company, specialised in in-night distribution of spare parts operating in Denmark, Sweden, Norway, Finland, Estonia, Lithuania and Latvia. DANX is a portfolio company of Axcel VI, a private equity fund with a particular focus on medium-sized companies in the Nordics. |
3.
The business activities of the Target JV will be the following: logistics markets in Poland, in particular (i) in-night distribution, (ii) pick-up, drop-off, (iii) forward stock locations, and (iv) warehousing.
4.
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 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.
5.
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.10971 – ILS / DANX / JV
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Postal address:
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European Commission |
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Directorate-General for Competition |
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Merger Registry |
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1049 Bruxelles/Brussel |
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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).