The European Commission has approved under the EU Merger Regulation the acquisition of sole control over Royal Reesink by private equity group Gilde, both of the Netherlands. Royal Reesink distributes branded machinery and equipment, steel products, personal protection products and hydraulic components and systems. Gilde is a group of private equity funds which invest mainly in medium-sized companies in Europe. The Commission concluded that the proposed acquisition would raise no competition concerns, in particular because there are no overlaps between the activities of Royal Reesink and those of the Gilde portfolio companies. The transaction was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.7979.
