Prior notification of a concentration

(Case M.12536 – TRITON / FLENDER)

Candidate case for simplified procedure

(Text with EEA relevance)

(C/2026/3900)

On 9 July 2026, 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:

—	Triton Fund 6 GP SARL (‘Triton Fund 6’, Luxembourg), belonging to the Triton Group (‘Triton’),

—	Flender Group GmbH (‘Flender’, Germany) currently controlled by Carlyle Funds (United States).

Triton will acquire within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Flender.

The concentration is accomplished by way of purchase of shares.

The business activities of the undertakings concerned are the following:

—

Triton Fund 6 is one of the investment funds managed and advised by entities being part of the Triton group. The funds being managed and advised by Triton, including Triton Fund 6, are dedicated to investing in medium sized companies headquartered in Central and Northern Europe operating in different markets, with particular focus on three core sectors: Business Services, Industrial Tech and Healthcare,

—

Flender is the parent company of a group of companies engaged in the development, manufacturing, production, assembly, global marketing, sales, project management, maintenance, commissioning, consulting, planning, and digitalization of mechanical drive products as well as generators, systems and services for industrial applications, power generation and for the wind power industry.

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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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 concentration 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.12536 – TRITON / FLENDER

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:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

(2) OJ C 160, 5.5.2023, p. 1.