EUROPEAN COMMISSION DG Competition

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 25/08/2023

In electronic form on the EUR-Lex website under document number 32023M11201

EUROPEAN COMMISSION

Brussels, 25.08.2023 C(2023) 5898 final

PUBLIC VERSION

Rexel Développement S.A.S. 13 boulevard du Fort de Vaux CS 60002 75838 Paris Cedex 17 France

Dear Sir or Madam,

1.1. On 2 August 2023, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, by which Rexel Développement S.A.S. (‘Rexel’, France) will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Wasco Group B.V. (‘Wasco’, Netherlands). The concentration is accomplished by way of purchase of shares.

2. The business activities of the undertakings concerned are the following:

-− Rexel specialises in the distribution of electrical products and services to professional customers, including electrical equipment contractors and industrial companies,

-− Wasco is mainly active as a distributor of sanitary products, heating, ventilation and air-conditioning products and spare parts in the Netherlands, and further offers a selection of ancillary products as well as tools and supplies.

3.3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of

1OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology of the TFEU will be used throughout this decision.

2OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).

3Publication in the Official Journal of the European Union No C 281, 10.08.2023, p. 9.

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

paragraph 5(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

For the Commission

(Signed) Olivier GUERSENT Director-General

4OJ C 366, 14.12.2013, p. 5.

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