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CVC / WORLD OF TALENTS

M.11554

CVC / WORLD OF TALENTS
May 30, 2024
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 4 of Short 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 4

Description of the concentration

On 6 May 2024, the European Commission received the notification of a proposed transaction by way of purchase of shares by which CVC Capital Partners plc (“CVC PLC”) will acquire sole control over World of Talents NV (together with its subsidiaries “WoT”), through the acquisition vehicle Pool Bidco BV, within the meaning of Article 3(1)(b) of the EU Merger Regulation.

The primary business activities of the undertakings concerned by the notified concentration are as follows:

The Parties

• CVC PLC. CVC PLC is a public limited company whose shares are listed and admitted to trading on the Euronext Amsterdam Stock Exchange. CVC PLC, and certain of its subsidiaries from time to time, provide investment advice to and/or manage investments on behalf of certain funds and investment vehicles (the CVC Funds). The CVC Funds hold interests in a number of companies active in a variety of industries around the world, including in financial services, chemicals, utilities, manufacturing, retailing and distribution, in Europe, the US and the Asia-Pacific region.

• WoT. WoT, a limited liability company headquartered in Belgium, is an HR network consisting of various companies established and operating in Belgium, the Netherlands and Germany, which provides project staffing and consulting services, as well as freelance, midlance, interim, permanent placement and talent management. More information on WoT is available at: https://www.houseoftalents.be/en/world-of-talents/world-of-talents.

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

EUC

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