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CINVEN / FITNESS FIRST

M.3140

CINVEN / FITNESS FIRST
May 14, 2003
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Case No COMP/M.3140 - CINVEN / FITNESS FIRST

Only the English text is available and authentic.

REGULATION (EEC) No 4064/89 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 15/05/2003

Also available in the CELEX database Document No 303M3140

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

COMMISSION OF THE EUROPEAN COMMUNITIES

Brussels, 15.05.2003

SG (2003) D/229746

PUBLIC VERSION

MERGER PROCEDURE ARTICLE 6(1)(b) DECISION

SIMPLIFIED PROCEDURE

To notifying party :

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

1.On 10 April 2003, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking Cinven Limited (Cinven), United Kingdom, belonging to the Cinven Group Limited acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Fitness First plc (Fitness First), United Kingdom, by way of public bid announced on April 10, 2003.

The business activities of the undertakings concerned are :

-ñ for Cinven : investment and management advice to investment funds and management of investments on their behalf,

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.

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

-ñ for Fitness First : operation of fitness clubs in Europe, the Far East and Australia.

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 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 Mario MONTI Member of the Commission

2OJ C 217, 29.07.2000, p. 32.

2

EUC

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