Connect with us

European Commission

Mergers: Commission clears the acquisition of ECF by PAI Partners

SHARE:

Published

3 years ago

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

The European Commission has approved under the EU Merger Regulation the acquisition of ECF Group Equity (“ECF”) by PAI Partners SAS (“PAI Partners”), both based in France. ECF is active in the wholesale trade of equipment and non-food consumables for the hotel industry and professional care. ECF is active worldwide and within the EU is mainly active in Germany, Austria, Belgium, France, Italy and Luxembourg.

PAI Partners is a private equity firm that manages funds investing in business services, food, consumer products, industrials and healthcare. PAI Partners is active in many countries and in all EU Member States. The Commission concluded that the proposed acquisition would not raise competition concerns, given its very limited impact on the structure of the market. The transaction was reviewed under the simplified merger control procedure.

Share this article:

Share this:
Related Topics:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Advertisement

Trending