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Τετάρτη 25 Μαΐου 2016

Mergers: Commission clears joint venture between Investindustrial and Catelli

The European Commission has approved under the EU Merger Regulation the acquisition of joint control over the Italian company Artsana by Investindustrial of the UK and Catelli of Italy. Artsana is currently solely controlled by Catelli and sells baby care, health and beauty products. Investindustrial invests in medium-sized companies predominantly based in Southern Europe. The Commission concluded that the proposed acquisition would raise no competition concerns because the overlaps between the activities of Artsana and the portfolio companies of Investindustrial are very limited. The operation was examined under the simplified merger review procedure. More information will be available on the Commission's competition website, in the public case register under the case number M. 8027.