Private equity backer: Carlyle
Business description: Provider of inspection, certification, testing and technological services
Deal value: €1.48bn
Notified: 25/09/07
Provisional deadline: 30/10/07
Cleared: n/a
USprivate equity firm the
Carlyle reached a partnership agreement with
Private equity backer: BC Funds
Business description: Publishing
Deal value: Undisclosed
Notified: 28/08/07
Provisional deadline: n/a
Cleared: 03/10/07
The European Commission approved the acquisition of
Private equity backer: Oaktree Capital Management
Business description: Leather goods manufacturer
Deal value: Undisclosed
Notified: 25/09/07
Provisional deadline: 30/10/07
Cleared: n/a
US private equity firm
Private equity backer: Advent International
Business description:
Deal value: £524m
Notified: 27/09/07
Provisional deadline: 05/11/07
Cleared: n/a
Private equity backer: CVC
Business description: Maker of components for construction and mining industries
Deal value: Undisclosed
Notified: 21/08/07
Provisional deadline: n/a
Cleared: 25/09/07
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of
DSI is a group active in the development, manufacture and supply of a variety of components and integrated systems based on tensioning technology for the construction and mining industries.
The Commission’s examination of the proposed transaction showed that there is no overlap between the companies’ activities in the markets for the supply of post tensioning products, geotechnical tensioning products, concrete accessories, roof support systems for mining applications and for tunnelling applications. The Commission concluded that the proposed transaction would thus not have any anticompetitive impact.
However, one of CVC’s portfolio companies is Volker Wessels Stevin of The Netherlands, a construction company using DSI’s products. The Commission specifically considered the impact of the proposed transaction on the market for the purchase of tensioning products by construction companies. The Commission concluded that there would be no risk that these companies would experience supply problems, in view of the presence of viable competitors and the moderate market share of Volker Wessels Stevin.
Private equity backer: Arcapita Bank
Business description: developer, manufacturer and marketer of PVC window and door profiles
Deal value: Undisclosed
Notified: 31/08/07
Provisional deadline: n/a
Cleared: 04/10/07
US private equity firms
Private equity backer: Gilde Buyout Partners
Business description: Subscription services
Deal value: Undisclosed
Notified: 06/09/07
Provisional deadline: n/a
Cleared: 08/10/07
Private equity backer: CVC Capital Partners
Business description: Distributor of commodity and specialty chemicals
Deal value: €1.5bn
Notified: 10/08/07
Provisional deadline: n/a
Cleared: 18/09/07
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of
Univar is active in the distribution of commodity and specialty chemicals. The proposed transaction would give rise to vertical relationships as CVC is about to acquire Taminco, a company active in the production of chemicals.
The Commission concluded that the vertical relationships between Univar as a distributor and Taminco as a producer of chemical products would not give rise to competition concerns, as the relationships are very limited and Taminco’s presence in the distribution market is very low, its business model being based on direct sales to end customers. Additionally, several strong and effective competitors are present in all the markets concerned.
Private equity backer (s): Carlyle
Business description: Pool care products
Deal value: Undisclosed
Notified: 10/08/07
Provisional deadline: n/a
Cleared: 17/09/07