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

1.1. The Commission received a notification of a Proposed Transaction pursuant to Article 4 of the Council Regulation (EC) No 139/ 2004 by which Allianz SE, via a fund managed by Allianz Capital Partners GmbH (“ACP”) and part of Allianz Group Germany, intends to indirectly acquire negative sole control over Autobahn Tank & Rast Gruppe and its corporate group (“T&R”) within the meaning of Article 3(1)(b) of the EU Merger Regulation by way of an increase of its existing shareholding.

2.2. The business activities of the parties are the following:

-- ACP is a wholly-owned subsidiary of Allianz SE, the ultimate parent company of the Allianz Group. The Allianz Group offers a comprehensive range of insurance and asset management products and services to both private and corporate customers in more than 70 countries.

-- T&R is a provider of food services, retail goods, hotel accommodation and fuel on German motorways.