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Document C2007/041/14

    Prior notification of a concentration (Case COMP/M.4554 — Berkshire Hathaway/TTI) — Candidate case for simplified procedure Text with EEA relevance

    IO C 41, 24.2.2007, p. 20–20 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, RO, SK, SL, FI, SV)

    24.2.2007   

    EN

    Official Journal of the European Union

    C 41/20

    Prior notification of a concentration

    (Case COMP/M.4554 — Berkshire Hathaway/TTI)

    Candidate case for simplified procedure

    (Text with EEA relevance)

    (2007/C 41/14)

    1.

    On 15 February 2007 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1), and following a referral pursuant to Article 4(5) of this Regulation, by which Berkshire Hathaway Inc. (‘Berkshire’, USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation sole control of TTI Inc. (‘TTI’, USA) by way of transfer of shares.

    2.

    The business activities of the undertakings concerned are:

    —

    for Berkshire: diversified holding company engaged in numerous business activities, including insurance, and manufacturing sectors such as carpet, architectural and industrial coatings, insulation and building products and financial products;

    —

    for TTI: distributor of electromechanical components.

    3.

    On preliminary examination, the Commission finds that the notified concentration could fall within the scope of Regulation (EEC) No139/2004. 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.

    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 (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4554 — Berkshire Hathaway/TTI to the following address:

    European Commission

    Directorate-General for Competition

    Merger Registry

    J-70

    B-1049 Bruxelles/Brussel

    (1)  OJ L 24, 29.1.2004, p. 1.

    (2)  OJ C 56, 5.3.2005, p. 32.

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