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CVC / ANDE / DELACHAUX

M.6295

CVC / ANDE / DELACHAUX
August 16, 2011
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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

The Commission has received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) 139/2004 by which CVC Capital Partners SICAV-FIS S.A. ("CVC") and Ande Investissements S.A. ("Ande"), acting through affiliates, would acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of Delachaux S.A. (the "Target").

The primary business activities of the undertakings concerned are:

(i) for CVC: advice to and management of investment funds;

(ii) for Ande: shareholding acquisitions, administration, management and development. Currently, Ande mainly holds and manages the André Delachaux family's shareholdings in the Delachaux group; and

(iii) for the Target: manufacture and production of rail fastening and welding systems, electric power and data transmission systems, magnetics, cabling and chrome metal.

EUC

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