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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
  • Extractive and manufacturing Industries
Activity (NACE)
  • C15 - Manufacture of leather and related products
Applicable legislation
Art. 37(1)(b) (Law 19)
Notification thresholds
Combined threshold (Market Share and Turnover)
Type of merger
Conglomerate
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
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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