Case No COMP/M.3425 - NORDIC CAPITAL / TRENOR

Only the English text is available and authentic.

REGULATION (EEC) No 4064/89 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 10/05/2004

Also available in the CELEX database Document No 304M3425

Office for Official Publications of the European Communities L-2985 Luxembourg

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COMMISSION OF THE EUROPEAN COMMUNITIES

Brussels, 10/05/2004

SG-Greffe(2004) D/202024/5/6/7

PUBLIC VERSION

MERGER PROCEDURE ARTICLE 6(1)(b) DECISION

SIMPLIFIED PROCEDURE

To the notifying parties

Dear Madam(s) and/or Sir(s),

Subject: Case No. COMP/M.3425 - Nordic Capital/Trenor Notification of 02.04.2004 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89, as last amended by Regulation (EC) No 1310/97 Publication in the Official Journal of the European Union No. C91, 15.04.2004, page 6

1.On 02.04.2004, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertakings Nordic Capital IV Ltd (ëFund IVí, Channel Islands) and Nordic Capital V Ltd (ëFund Ví, Channel Islands), both belonging to the Nordic Capital group, acquire within the meaning of Article 3(1)(b) of the Regulation control of the undertaking Trenor Holding AB (ëTrenorí, Sweden) by way of purchase of shares. Trenor is currently jointly controlled by Nordic Capital III Ltd (ëFund IIIí, Channel Islands, also belonging to the Nordic Capital group) and Trelleborg International BV. After the transaction, Trenor will be solely controlled by the Nordic Capital Funds III, IV and V.

The business activities of the undertakings concerned are:

-- Fund III, IV and V: companies belonging to the Nordic Capital group, active in private equity investments in medium sized companies in the Nordic region active in various sectors such as pest control, biotechnology or pay-TV,

1OJ L 395, 30.12.1989 p. 1; corrigendum: OJ L 257, 21.9.1990, p. 13.

2OJ L 180, 9. 7. 1997, p. 1; corrigendum OJ L 40, 13.2.1998, p. 17.

Commission europÈenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.

- Trenor: holding company active in the distribution of products for the building industry and wholesale of steel, aluminium and other non-ferrous metals.

3.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 b of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89.

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 signed by

Mario MONTI Member of the Commission

3OJ C 217, 29.07.2000, p. 32.

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