This document is an excerpt from the EUR-Lex website
Document 52019M9423
Prior notification of a concentration (Case M.9423 — Strategic Value Partners/Pfleiderer) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9423 — Strategic Value Partners/Pfleiderer) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9423 — Strategic Value Partners/Pfleiderer) — Candidate case for simplified procedure (Text with EEA relevance.)
IO C 247, 23.7.2019, p. 30–31
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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23.7.2019 |
EN |
Official Journal of the European Union |
C 247/30 |
Prior notification of a concentration
(Case M.9423 — Strategic Value Partners/Pfleiderer)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 247/10)
1.
On 16 July 2019, 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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Strategic Value Partners, LLC (‘Strategic Value Partners’, United States of America), |
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Pfleiderer Group S.A. (‘Pfleiderer’, Poland) |
Strategic Value Partners acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Pfleiderer.
The concentration is accomplished by way of public bid announced on 11 July 2019.
2.
The business activities of the undertakings concerned are:— for Strategic Value Partners: the management, as a privately owned investment firm, of a hedge fund vehicle and hybrid private equity funds investing in public and private equity markets, debt markets and other alternative investment markets world-wide,
— for Pfleiderer: the production of a range of engineered wood and surface finished products including chipboard, fibreboard, particleboard and laminates for a variety of uses, including the production of worktops/work surfaces, furniture, interior finishes, general building applications and flooring.
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 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.
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.9423 — Strategic Value Partners/Pfleiderer
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
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Email: COMP-MERGER-REGISTRY@ec.europa.eu |
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Fax +32 22964301 |
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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’).