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 30 August 2023, the European Commission has received a notification of a proposed concentration, pursuant to which Ardian Infrastructure Fund V S.C.A. SICAR, Ardian Infrastructure Fund V B S.C.S. SICAV-RAIF, Ardian Infrastructure Fund VI S.C.S. SICAV-RAIF and Ardian Infrastructure Fund VI B S.C.S. SICAV-RAIF, all managed and advised by Ardian France SA ("Ardian", established in France), intends to, indirectly through an acquisition vehicle (Andor III Bidco B.V.) acquire sole control over Sabaton Ventures Holdco B.V. (together with its direct and indirect subsidiaries, "Attero", established in the Netherlands) within the meaning of Article 3(1)(b) of the Merger Regulation by way of purchasing 100% of the share capital .

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

• Ardian is a French private equity company, which currently manages around USD 150 billion or assets worldwide. As a management company, Ardian manages and advises, through its subsidiaries, a number of investment funds which have direct or indirect interests in numerous companies active throughout the world.

• Attero's main activities are waste management and waste treatment, including generating energy from waste, plastic recycling, organic waste processing, remediation and valorisation of inert mineral waste, soil remediation and debris recycling.

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