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Office for Official Publications of the European Communities L-2985 Luxembourg
To the notifying party
Dear Sirs,
Subject: Case No. COMP/M.2836 - Achmea/Royal & Sun Alliance Benelux Notification of 17.05.2002 pursuant to Article 4 of Council Regulation (EEC) No. 14064/89 Publication in the Official Journal of the European Communities No. C 127, 29.05.2002, page 26
1.On 17.05.2002, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertakings Achmea Holding N.V. (ìAchmeaî, The Netherlands) belonging to the group Eureko B.V(The Netherlands) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Royal & Sun Alliance Benelux Holdings N.V. ("R&SA", The Netherlands) belonging to the Royal & Sun Alliance Insurance Group plc.(UK) by way of purchase of shares. The business activities of the undertakings concerned are : - for Achmea : Financial services, insurance products and asset management; - for R&SA: Financial services, insurance products and asset management.
2.After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4 subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89.
3.For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.
For the Commission Mario MONTI, Member of the Commission
1OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.
2OJ C 217, 29.07.2000, p. 32.
Commission europÈenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.