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Valentina R., lawyer
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
1.1. The notification relates to the acquisition of sole control over Mexx by Gores.
2.2. Gores is a California-based private equity investor that is focused on acquiring interests in mature and growing businesses primarily in the United States and Western Europe.
3.3. Mexx is a subsidiary of Liz Claiborne LLC which is active in the retail and wholesale of apparel in Canada and Europe.
4.4. The parties consider that the proposed transaction raises no competition concerns and, thus, will not impede effective competition in the single market or in a substantial part of it.