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 has received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (the EUMR). On 23 December 2020, Egeria Capital Management B.V. and Parcom Capital Management B.V. notified their intention to acquire joint control over a newly formed full-function joint venture (the JV) within the meaning of Article 3(4) EUMR, in to which the respective businesses of Tuindeco and the Outdoor Life Group will be transferred. The transaction is a concentration within the meaning of Article 3(1) EUMR.

2.2. The areas of activities of the undertakings concerned by the notified concentration are as follows:

(i) Egeria – is an investment company that is active in three investment areas: (i) private equity, (ii) commercial and residential real estate and (iii) participations in listed companies.

(ii) Parcom – is a private equity investment firm, which invests mainly in medium-sized companies in the Benelux.

(iii) Tuindeco – is a wholesaler of garden wood and related products such as log cabins, shelters, saunas, playground equipment, garden furniture and more.

(iv) Outdoor Life Group – is active in the field of production and wholesale distribution of wood, garden timber & garden houses and related products.

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.