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.

M.9369 — PAI Partners/Wessanen

SECTION 1.2

Description of the concentration

(1) On 23 July 2019, the Commission received a notification of a proposed concentration pursuant to Article 3(1)(b) of Council Regulation (EC) 139/2004 involving the indirect acquisition by PAI Partners and a minority shareholder of 100% of the outstanding ordinary share capital in Koninklijke Wessanen through a public takeover offer under Dutch law. After completion of the proposed concentration, PAI Partners will exercise sole control over Wessanen. PAI Partners have requested treatment of the concentration under the Commission Notice on a simplified procedure for treatment of certain concentrations.

(2) The primary business activities of the undertakings concerned are:

− PAI Partners: a private equity company headquartered in France that manages and/or advises a number of funds that own companies active in a variety of business sectors, such as business services, food and consumer goods, general industries, healthcare, and retail and distribution.

− Koninklijke Wessanen: a publicly listed food company headquartered in the Netherlands that is active in the sector for healthy and sustainable foods.