LBO France Gestion, S.A.S / Actaris Metering Systems II S.A. / Actaris Metering Systems, S.A.

OFT closed case: Completed acquisition by LBO France Gestion, S.A.S, through its vehicle company Actaris Metering Systems II S.A., of the exclusive control of twelve companies, directly controlled by Actaris Metering Systems, S.A.

Affected market: Metering

No. ME/1844/05

The transaction was notified on 15 July 2005 and the administrative timetable therefore expires on 9 September 2005.  The merger was completed on 28 July 2005.

On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisition by LBO France Gestion, S.A.S, through its vehicle company Actaris Metering Systems II S.A., of the exclusive control of 12 companies, directly controlled by Actaris Metering Systems, S.A. does not qualify for investigation under the merger provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

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