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BLACKSTONE / CRH (EUROPEAN DISTRIBUTION BUSINESS)

M.9504

BLACKSTONE / CRH (EUROPEAN DISTRIBUTION BUSINESS)
October 10, 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

1.On 13 September 2019, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004, by which The Blackstone Group Inc. (together with its affiliates, "Blackstone") will acquire indirect sole control over the European distribution business of CRH plc (the "Target").

2.Blackstone is a global alternative asset manager. It is headquartered in the United States and has offices in Europe and Asia. Blackstone is listed on the New York Stock Exchange.

3.The Target distributes basic building materials and sanitary, heating and plumbing products, primarily via general builders merchant and specialist builders merchant formats, in the Netherlands, Germany, Belgium, Austria, France, Portugal and Switzerland.

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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