Commission Decision of 14/01/2003 declaring a concentration to be compatible with the common market (Case No COMP/M.3040 - CAPVIS / QUADRIGA / ZELLWEGER USTER) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Decision // 14/01/2003 // 2 min read
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Commission Decision of 14/01/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3040 - CAPVIS / QUADRIGA / ZELLWEGER USTER) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 015 , 22/01/2003 P. 0012 - 0012

Commission Decision of 14/01/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3040 - CAPVIS / QUADRIGA / ZELLWEGER USTER) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

To the Notifying Parties

Dear Madam(s) and/or Sir(s),

Subject: Case No. COMP/M.3040 - CapVis/Quadriga/Zellweger Uster Notification of 03/12/2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 306, 10/12/2002, page 3

[1] OJ 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.

  1. On 03.12.2002, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which the undertakings CapVis, Switzerland,and Quadriga, United Kingdom, acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Zellweger Uster Switzerland, by way of purchase of shares and assets.
  1. The business activities of the undertakings concerned are :
  • for CapVis: is an investment company;
  • for Quadriga: is an investment fund
  • for Zellweger Uster: manufacture of electronic quality monitoring and measuring systems and equipment for textile production.
  1. 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, subparagraphs (a) and (b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].

[2] OJ C 217, 29.07.2000, p. 32.

  1. 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

Mario MONTI Member of the Commission

Competition , Concentrations between undertakings