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ILS / DANX / JV

M.10971

ILS / DANX / JV
February 23, 2023
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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

This notification, pursuant to Article 4 of Council Regulation (EC) No. 139/2004 (the Merger Regulation), concerns a proposed concentration by which ILS sp. z o.o., incorporated in Poland (“ILS”), and DANX Group A/S (“DANX”), incorporated in Denmark, intend to acquire joint control within the meaning of Article 3(1)(b) of the Merger Regulation over an entity, which will be established by ILS and DANX (the “JV”). The JV will be incorporated in Poland and will be performing on a lasting basis all the functions of an autonomous economic entity within the meaning of Article 3(4) of the Merger Regulation.

The JV will be active in logistics market in the territory of Poland and will provide in particular services such as (i) in-night distribution; (ii) PUDO (pick-up, drop off) solutions; (iii) FSL (forward stock locations); and (iv) warehousing. The JV activities may be extended by the agreement of ILS and DANX Group A/S to other European markets.

ILS is a logistics company, offering services and dedicated solutions related to storage of goods and domestic and international transport (land, sea and intermodal transport). ILS has vast experience in provision of services for the automotive, chemical and petrochemical industry, as well as the FMCG sector. ILS is controlled by Inter Cars S.A., incorporated in Poland, and is a part of the Inter Cars Group. The core business of Inter Cars Group is the sale of automotive spare parts for passenger cars and commercial vehicles.

DANX is a logistics company, specialized in in-night distribution of spare parts operating in Denmark, Sweden, Norway, Finland, Estonia, Lithuania and Latvia. DANX offers its services with the use of PUDO hubs, FSLs, RDCs (regional distribution centers) and fulfilment centers across the Nordic region and the Baltics, together with a fleet of trucks and fast vans. DANX is a portfolio company of Axcel VI (set up in form of limited partnerships, consisting of the Denmark-incorporated companies: Axcel VI K/S, Axcel VI K/S 2, Ax Vi Management Invest K/S and Ax VI Management Invest II K/S), part of Axcel, which is a private equity fund with a particular focus on medium-sized companies in the Nordics. Axcel VI, along with other Axcel funds, constitutes a corporate group controlling a number of diverse companies active mainly throughout the EEA.

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.

EUC

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