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TRITON / ROYAL REESINK GROUP

M.9428

TRITON / ROYAL REESINK GROUP
July 28, 2019
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

The transaction consists of the acquisition within the meaning of Article 3(1)(b) of the Merger Regulation of sole control over Royal Reesink B.V. (“Royal Reesink”) (the Netherlands) and its subsidiaries (together referred to as the “Royal Reesink Group”) by Triton Managers V Limited (Jersey), Triton Fund V GP S.à r.l. (Luxembourg), Triton Fund V F&F No. 3 General Partner Limited (Jersey) and TFF V Limited (Jersey), in their capacities, indirectly or directly, as general partners of the various limited partnerships constituting Triton Fund V (together referred to as “Triton Fund V”) by way of an (indirect) purchase of shares in Royal Reesink from River Holding B.V. (the Netherlands).

Triton Fund V belongs to a group of independent European private equity funds managed and advised by the Triton group (collectively “Triton”, Channel Islands). The private equity funds managed by the Triton group, including Triton Fund V, are dedicated to investing primarily in medium-sized businesses headquartered in Northern Europe, with particular focus on businesses in three core sectors: Business Services, Industrials and Consumer/Health.

The Royal Reesink Group is a distributor of branded machinery and equipment, namely machinery for agriculture and horticulture, landscape maintenance, material handling and civil engineering applications; and a distributor of hydraulic components and systems.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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