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Document 52023M11257
Prior notification of a concentration (Case M.11257 – ONE ROCK CAPITAL PARTNERS / CONSTANTIA) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 332/07
Prior notification of a concentration (Case M.11257 – ONE ROCK CAPITAL PARTNERS / CONSTANTIA) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 332/07
Prior notification of a concentration (Case M.11257 – ONE ROCK CAPITAL PARTNERS / CONSTANTIA) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 332/07
PUB/2023/1231
OJ C 332, 21.9.2023, p. 10–11
(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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21.9.2023 |
EN |
Official Journal of the European Union |
C 332/10 |
Prior notification of a concentration
(Case M.11257 – ONE ROCK CAPITAL PARTNERS / CONSTANTIA)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 332/07)
1.
On 11 September 2023, 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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One Rock Capital Partners LLC (‘ORC’, United States), |
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Constantia Flexibles GmbH (‘Constantia’, Austria), solely controlled by funds managed by affiliates of Wendel SE. |
ORC will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Constantia.
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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ORC is a private equity firm focusing on control-stake equity investments in middle-market companies. ORC manages funds that invest in portfolio companies operating in various industries, including chemicals and process, specialty manufacturing and healthcare, food manufacturing and distributions, and business and environmental services. |
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Constantia is a global producer and supplier of flexible packaging solutions. Its product portfolio includes flexible packaging solutions for products such as food, dairy, pet food, household and personal care products, pharmaceutical and medical products, as well as beverages. |
3.
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.Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
4.
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.11257 – ONE ROCK CAPITAL PARTNERS / CONSTANTIA
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: mailto: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’).