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Document 52024M11706
Prior notification of a concentration (Case M. 11706 – CINVEN / AISE / FRESSNAPF)
Prior notification of a concentration (Case M. 11706 – CINVEN / AISE / FRESSNAPF)
Prior notification of a concentration (Case M. 11706 – CINVEN / AISE / FRESSNAPF)
PUB/2024/1051
OJ C, C/2024/6672, 30.10.2024, ELI: http://data.europa.eu/eli/C/2024/6672/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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Official Journal |
EN C series |
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C/2024/6672 |
30.10.2024 |
Prior notification of a concentration
(Case M. 11706 – CINVEN / AISE / FRESSNAPF)
(Text with EEA relevance)
(C/2024/6672)
1.
On 24 October 2024, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).This notification concerns the following undertakings:
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Cinven Capital Management (VII) General Partner Limited (UK), belonging to the Cinven group (‘Cinven’), |
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Allegro Invest SE (‘AISE’) (Germany), |
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Fressnapf Holding SE (‘Fressnapf’) (Germany), solely controlled by AISE. |
Cinven and AISE will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Fressnapf.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are the following:|
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Cinven is a private equity firm engaged in the provision of investment management and investment advisory services. Cinven’s portfolio companies are active in a variety of sectors, including the manufacture and supply of pet food. |
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AISE is an investment vehicle with portfolio companies active in the retail sale of pet food ad accessories. |
3.
Fressnapf is active in the supply of pet care products including pet food and accessories, pets and zoological supplies, at a retail level through approximately 2 100 stores located in 14 countries across Europe.
4.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
5.
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M. 11706 - CINVEN / AISE / FRESSNAPF
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Postal address:
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European Commission |
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Directorate-General for Competition |
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Merger Registry |
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1049 Bruxelles/Brussel |
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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).
ELI: http://data.europa.eu/eli/C/2024/6672/oj
ISSN 1977-091X (electronic edition)