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CARLYLE / BREED TECHNOLOGIES
M.3139
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Case No COMP/M.3139 - CARLYLE / BREED TECHNOLOGIES
Only the English text is available and authentic.
REGULATION (EEC) No 4064/89 MERGER PROCEDURE
Article 6(1)(b) NON-OPPOSITION Date: 10/04/2003
Also available in the CELEX database Document No 303M3139
Office for Official Publications of the European Communities L-2985 Luxembourg
COMMISSION OF THE EUROPEAN COMMUNITIES
Brussels, 10/04/2003
SG (2003) D/229373
PUBLIC VERSION
MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
SIMPLIFIED PROCEDURE
To the Notifying Parties
Dear Madam(s) and/or Sir(s),
1.On 14.03.2003, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which the undertaking Carlyle Management Group I, L.P. (“Carlyle”, USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Breed Technologies, Inc (“Breed”, USA) by way of purchase of shares.
The business activities of the undertakings concerned are :
-- for Carlyle : private investment group
1OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.
Commission européenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.
-- for Breed : design, development, production and sale of components used in integrated occupant protection systems, steering wheels, car accessories and electronics.
3.After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph b, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89.
For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.
For the Commission
(signed) Mario MONTI Member of the Commission
2OJ C 217, 29.07.2000, p. 32.
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