Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

“The notified concentration relates to the proposed acquisition of joint control within the meaning of Article 3(4) of Regulation (EC) No. 139/2004 by Selfinvest ApS and LLG A/S over Selected Car Group A/S by way of purchase of shares and entering into a shareholders’ agreement.

Selfinvest is the holding company for a diverse group of companies, mainly within the area of shipping. Selfinvest has activities within e.g. global risk management, terminal and stevedoring services, freight forwarding, bunker, oil and chemical tankers, and IT. Selfinvest is under the ultimate control of the private Danish citizens and family members Mr. Torben Østergaard Nielsen, Ms. Mia Østergaard Nielsen, and Ms. Nina Østergaard Borris.

LLG is under the control of the Brunsborg family controlling a diverse group of companies primarily within the retail sector, including JYSK.

Selfinvest and LLG will transfer their existing leasing activities to SCG, which primarily relate to the leasing of cars and vans in the luxury segment. In addition, the parties will transfer their existing, marginal activities within sale of used vehicles to SCG, and Selfinvest will transfer its activities within investment into luxury vehicles.”

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.