Other

#52026M12334Prior Notification of a Concentration (Case M.12334 – PALOMA RHEEM / GROUPE ATLANTIC)

🇪🇺European Union··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

The law concerns the notification process for a proposed acquisition where Paloma Rheem Holdings Co. plans to acquire sole control of Groupe Atlantic. The Commission evaluates whether the transaction falls under the Merger Regulation and invites public observations on the proposed concentration. The notification signifies the start of the merger review process.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Introduction of simplified procedure for certain concentrations
  • Requirement for public consultation by interested parties
  • Establishment of Commission contact points for submissions

Obligations

What this law requires

high

Notify the European Commission of the proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004

Paloma Rheem Holdings Co. and/or Groupe Atlantic
reporting
medium

Submit observations on the proposed concentration to the Commission within 10 days following the date of publication in the Official Journal

Interested third parties
disclosure
medium

Specify the reference 'M.12334 – PALOMA RHEEM / GROUPE ATLANTIC' when submitting observations to the Commission

Interested third parties submitting observations
reporting
medium

Submit observations to the Commission via email (COMP-MERGER-REGISTRY@ec.europa.eu) or postal address (European Commission Directorate-General for Competition Merger Registry, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË)

Interested third parties
operational
high

Ensure the transaction involving Paloma Rheem acquiring sole control of Groupe Atlantic complies with the Merger Regulation (Council Regulation (EC) No 139/2004)

Paloma Rheem Holdings Co. and Groupe Atlantic
prohibition

Affected Parties

Paloma Rheem Holdings Co.Groupe Atlantic

Tags

merger,EU law,competition