EUR-Lex Access to European Union law

Back to EUR-Lex homepage

This document is an excerpt from the EUR-Lex website

Document JOC_2014_032_R_NS0012

Prior notification of a concentration (Case COMP/M.7144 — Apollo/Fondo de Garantía de Depósitos de Entidades de Crédito/Synergy) — Candidate case for simplified procedure Text with EEA relevance

OJ C 32, 4.2.2014, p. 30–31 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
OJ C 32, 4.2.2014, p. 19–20 (HR)

4.2.2014   

EN

Official Journal of the European Union

C 32/30


Prior notification of a concentration

(Case COMP/M.7144 — Apollo/Fondo de Garantía de Depósitos de Entidades de Crédito/Synergy)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 32/13

1.

On 24 January 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which affiliates of Apollo Management L.P. (‘Apollo’, USA), and Fondo de Garantía de Depósitos de Entidades de Crédito (‘FGD’, Spain) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Synergy Industry and Technology, SA (‘Synergy’, Spain) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

for Apollo: management of investment funds which invest in companies involved in various businesses throughout the world. Examples of current investments include, inter alia, companies in the chemical, cruise line, logistics, paper, packaging, and metals businesses,

for FGD: FGD is a fund financed by retail, cooperative and savings banks as well as the Spanish central bank covering deposits in Spanish banks,

for Synergy: as the holding company of the Aernnova Group and shareholder of Aeroblade SA and Orisol Corporación Energética SA, it is active in the manufacture of air and space craft related machinery.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (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 (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.7144 — Apollo/Fondo de Garantía de Depósitos de Entidades de Crédito/Synergy, 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 ‘EC Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5 (‘Notice on a simplified procedure’).


Top