Case details

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Merger control
Case reference
Ccent/2024/89 - Boyden / Ativos Stahl Holdings
Acquired
Assets Stahl Holdings B.V.
Description
Research, development, production, supply and distribution of chemical products for the treatment of leather and skin.
Acquiring
Boyden 4 S.à.r.l
Description
Affiliate of Syntagma Capital Management S.A., a Belgian private equity fund consultant.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger operation consists of the acquisition, by Boyden 4 S.À R.L. (Boyden) of exclusive control of the assets of Stahl Holdings B.V. related to the production activities of chemical products for the treatment of leather and skins (Target Assets).

Timeline
2025-01-15
Phase I Decision - The AdC issued a non-opposition decision to the merger 89/2024 - Boyden / Ativos Stahl Holdings.
2024-12-27
Boyden notifies the acquisition of exclusive control over a set of Stahl Holdings Assets.
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