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

On 3 March 2023, the European Commission received the notification of a proposed transaction by way of purchase of shares by which CVC Capital Partners SICAV-FIS S.A. (“CVC”) will acquire sole control over Scan Global Logistics within the meaning of Article 3(1)(b) of the EU Merger Regulation. The Scan Global Logistics group is composed of SGL TransGroup US Corp and Scan (Jersey) Topco Ltd, which are the respective parents of the operating entities of Scan Global Logistics. The common parent of SGL TransGroup US Corp and Scan (Jersey) Topco Ltd is SGLT Holding II LP, which does not form part of the Proposed Transaction. The ultimate controller of SGL is AEA Investors SBF LP, which is active in private equity investment. The primary business activities of the undertakings concerned by the notified concentration are as follows:

•• For CVC: the provision of advice to and management of investment funds with interests in a number of companies active in a variety of industries around the world, primarily in Europe, the US and the Asia-Pacific Region. CVC is established in Luxembourg.

•• For Scan Global Logistics: the provision of asset-light international freight forwarding services. Scan Global Logistics provides services globally, focusing on international freight forwarding services.5 SGL Transgroup US Corp is established in the U.S.A and Scan (Jersey) Topco Ltd is established in Jersey.

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