M/18/044 – CDC / Netgem / Reunicable (the Oceinde Group) / VITIS (JV)
Transaction details
The proposed acquisition of joint control by la Caisse des Dépôts et Consignations, Netgem S.A. and Réunicable S.A.S. in a joint venture VITIS, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday May 30, 2018 | Friday, July 6, 2018 |
| Parties Involved | Business activities |
|---|---|
| La Caisse des Dépôts et Consignations | La Caisse des Dépôts et Consignations is a French public group with its activities falling into four primary categories: (i) The environment and energy, (ii) Real estate, (iii) Investment and (iv) Services. In the State, la Caisse des Dépôts et Consignations (amongst other services) provides engineering and transport operation services, as well as a range of manufacturing activities. |
| Netgem S.A. | Netgem S.A. provides a suite of software and solutions to telecommunications operators worldwide. In the State, Netgem S.A. supplies TV solutions. |
| Réunicable S.A.S. (the Oceinde Group) | The Oceinde Group is active worldwide in telecommunications and media sector, construction and painting, and food sector (amongst other activities). |
| VITIS | The joint venture VITIS provides a range of broadband, fixed-line voice telephony and television services in France. VITIS also acts as a distributor of digital content. |
| Economic sector | Media merger |
|---|---|
| Information & Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, June 14, 2018 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Arvydas Vidziunas | Tel: (+353) 1 470 3645 |
Media enquiries: communications@ccpc.ie
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