COMMISSION DECISION of 30/09/1999 declaring a concentration to be compatible with the common market (Case No IV/M.1649 - GEFCO/KN ELAN) according to Council Regulation (EEC) No 4064/89 (Only the German text is authentic)

What COMMISSION DECISION of 30/09/1999 declaring a concentration to be compatible with the common market (Case No IV/M.1649 - GEFCO/KN ELAN) according to Council Regulation (EEC) No 4064/89 (Only the German text is authentic) requires

On 30 August 1999, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 (Merger Regulation) by which the undertaking Gefco Deutschland GmbH (Gefco), ultimately controlled by Peugeot S.A., acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of KN ELAN GmbH & Co. KG and of KN ELAN Verwaltungs-GmbH (together: KN ELAN). Gefco will take over a 60% participation in KN ELAN from Kühne & Nagel, with Kühne & Nagel retaining a 40% minority stake. After examination of the notification, the Commission concluded that the notified operation falls within the scope of Council Regulation (EEC) No 4064/89 and does not raise serious doubts as to its compatibility with the common market and with the EEA Agreement. The operation has a Community dimension, as the combined aggregate worldwide turnover of the parties exceeded EUR 5,000 million in 1998, and each of the undertakings concerned had a Community-wide turnover of more than EUR 250 million. The relevant markets concern national and international road-based freight forwarding, primarily in Germany, where KN ELAN operates a groupage and road transport network. The Commission found that the merger would only insignificantly alter the market position of the parties, given the presence of comparable competitors such as Schenker AG, the Deutsche Post group, and Dachser on the German freight forwarding markets.

Pillar: Legal & IP Sovereignty · Authority: Commission of the European Communities · Version: 1.0.0 · Last updated: 1999-09-30

Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:31999M1649

SHA-256 integrity: 6ef2e19889cc982d5d5f47a767564cf8efffb1c61faca47991e3e299b75ec75b

Primary Citations — 8 traced to source

• Paragraph 1: 'On 30 August 1999, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 (Merger Regulation) by which the undertaking Gefco Deutschland GmbH (Gefco) ultimately controlled by Peugeot S.A., acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of KN ELAN GmbH & Co. KG and of KN ELAN Verwaltungs-GmbH (together: KN ELAN).'
• Paragraph 2: '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 does not raise serious doubts as to its compatibility with the common market and with the EEA Agreement.'

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