The Commission Authorizes Acquisition of Climater by Krefeld and ICG
The European Commission has approved, under the European Merger Regulation, the joint control acquisition of Climater HoldCo SAS (Climater) by Krefeld SAS, both based in France, and Intermediate Capital Group plc (ICG), based in the UK. The transaction primarily concerns the heating, ventilation, air conditioning, electrical engineering, and plumbing sector.
The Commission concluded that the proposed concentration would not raise competition concerns, as the companies are not present in the same or vertically related markets. The notified transaction was examined under the simplified merger review procedure.
Further information is available on the Commissions competition website, in the public case register under case number M.11866.
(For more information: Lea Zuber – Tel.: +32 2 295 62 98; Sara Simonini - Tel.: +32 2 298 33 67)
The Commission Authorizes Acquisition of OEM International by EFMS
The European Commission has approved, under the European Merger Regulation, the exclusive control acquisition of OEM International AB (OEM International), based in Sweden, by EQT Fund Management S.à r.l (EFMS), based in Luxembourg. The transaction primarily concerns the distribution of industrial components.
The Commission concluded that the proposed concentration would not raise competition concerns given the limited market position of the companies resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
Further information is available on the Commissions competition website, in the public case register under case number M.11806.
(For more information: Lea Zuber – Tel.: +32 2 295 62 98; Sara Simonini - Tel.: +32 2 298 33 67)
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