Official Journal of the European Union

C 347/13

Prior notification of a concentration

(Case M.10003 — DWS/Vertex Bioenergy)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 347/11)


On 8 October 2020, 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:

DWS Alternatives Global Limited (‘DWS’, United Kingdom), ultimately controlled by Deutsche Bank AG (‘DB’, Germany),

Vertex Bioenergy, S.L. (‘Vertex’, Spain), ultimately controlled by Trilantic Capital Partners (‘Trilantic’, the US).

DWS acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Vertex. The concentration is accomplished by way of purchase of shares.


The business activities of the undertakings concerned are:

for DWS: an asset management company with a wide investment portfolio, which includes investments in infrastructure assets in Europe,

for Vertex: a producer of bioethanol with facilities in Spain and France. In connection with its bioethanol production, Vertex also produces dried distillers grains with solubles (or DDGS), carbon dioxide, corn oil, and electricity.


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 the 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.


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.10003 — DWS/Vertex Bioenergy

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel


(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.