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

The concentration consists of the acquisition by the Spanish company FCC CONSTRUCCI”N S.A. of exclusive control over the Austrian company Alpine Holding GmbH.

FCC CONSTRUCCI”N S.A. belongs to the FCC Group (or ìFCCî) whose parent company is Fomento de Construcciones y Contratas, S.A. FCC is a diversified conglomerate mainly active in the following areas: (i) construction; (ii) services; and (iii) cement.

This concentration allows FCC to expand the scope of its activities in Central/Eastern Europe, where it recently acquired Severomoravske Vodovody A Kanalizace Ostrava a.s. (ìSmVaKî) and A.S.A. Abfall Service AG (ìASAî). ASA, acquired by FCC in March 2006, is an Austrian company that provides comprehensive waste management services. SmVaK, acquired by FCC in April 2006, is a Czech company that is mainly active in the supply of drinking water, wastewater treatment and metering and maintenance services.

Alpine Holding GmbH is the ultimate parent company of the Alpine group (or ìAlpineî) whose main activities are: (i) construction; (ii) civil engineering; and (iii) services.

FCC and Alpine are complementary from a geographical perspective. There is a limited overlap in the sector of waste management in Austria. In addition, Alpine carries out building construction activities in Austria, and FCC (through ASA) develops waste management services in this country. This creates a potential vertical relationship between both parties in Austria.