PT
Autoridade da Concorrência

Case details

Print
Merger control
Case reference
Ccent/2025/85 - MSOF / Potters
Acquiring
MSOF Beacon, LLC
Description
A U.S. company that is indirectly and exclusively controlled by Macquarie Group Limited, a diversified financial services group that provides clients with asset management, retail and corporate banking services, wealth management, as well as advisory and risk and capital solutions in debt, equities, financial markets and commodities.
Acquired
Potters Intermediate Holdings, LP
Description
North American companies dedicated to materials science for infrastructure, specializing primarily in the development, production, and supply of solid and hollow glass microspheres (also known as "glass beads" and "glass bubbles"). Potters glass microspheres are mainly used in transportation safety applications such as road markings, airport runways, and guardrails. Potters glass microspheres are sold in Portugal.
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 transaction consists of the acquisition by MSOF Beacon, LLC (“MSOF”) of sole control over Potters Intermediate Holdings, L.P., TRF-Potters Blocker (US), LLC, and Potters Intermediate Holdings GP, LLC, and each of their subsidiaries (collectively, “Potters”).
Timeline
2025-12-03
Phase I Decision - AdC adopted a non-opposition decision in concentration operation 85/2025 - MSOF / Potters
2025-11-13
MSOF hereby announces its acquisition of sole control over Potters Intermediate Holdings, L.P., TRF-Potters Blocker (US), LLC, and Potters Intermediate Holdings GP, LLC, and each of their subsidiaries (collectively, “Potters”).
Click here to see your activities