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.

M.7243

SECTION 1.2

Description of the concentration

1.1. This notification concerns the acquisition of joint control, within the meaning of Article 3(1)(b) of Council Regulation (EC) No 139/2004, by Amvest Vastgoed B.V. ("Amvest") and NPM Capital N.V. ("NPM") of Het Gastenhuis B.V. ("Het Gastenhuis").

2.2. Het Gastenhuis is a green-field full-function joint venture which has been recently set up and is not yet operational. It intends to operate small-scale nursing homes for persons with memory difficulties in the Netherlands, in the mid-range housing rental category (EUR 1,500-2200 per month). Over the next five years, Het Gastenhuis intends to develop about 30 small-scale nursing homes housing approximately 25 persons each.

3.3. NPM is a Dutch private equity company that manages investments in many different sectors, such as automotive supplies, building materials, consumer good, healthcare, e-commerce, industrial services and retail. NPM is wholly-owned by SHV Holdings N.V., which is a large Dutch family-owned company, active in many different sectors including energy, retail, investments and heavy transport. NPM's portfolio companies are active in the following sectors:

-• Car industry (Prins Autogassystemen and Stern Groep);

-• Building materials (Deli Maatschappij and Synbra);

-• Consumer goods (Auping, Continental Bakeries, Dujardin, HAK, IBG, Royaan, Smartwares, VSI);

-• Healthcare (Artsenzorg, Dermicis, Medinova, MediQuest, Medux, Oogziekenhuis Zonnenstraal, Optelec, Othopedium, Samenwerkende Tandartsen Nederland);

-• E-commerce (Kramp);

-• Industrial services (Abird, Helvoet, Hertel, VanDerLande, Workfox);

-• Technology (FibreMax, Kiwa);

-• Distribution (Belgische Distributiedienst); and

-• Shipping (NileDutch).

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.

4.4. Amvest is a Dutch fund management and development company for homes and residential areas. Amvest is jointly controlled by PGGM N.V. a large Dutch pension fund management and investment management company, and AEGON N.V., a large Dutch pension insurance company.

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.

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.