PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2009/29 - Riverside / Kaul - Capol
Acquired
Kaul e Capol
Description
sister-companies operating in the production and marketing of anti-sticking, glazing and polishing agents used in the confectionery, bread-making and pharmaceutical industries; these agents are marketed worldwide under the trade names of CAPOL®, CAPOLAN®, CAPOLEX®, FIX GUM® and CAPOL® Pharma. Only Kaul operates in Portugal.
Acquiring
Riverside
Description
a special purpose investment entity belonging to the Riverside business group; its assets are intended for investment in the acquisition of shareholdings in the capital of companies with a high potential for growth and increased value. It is mainly active through the company Oni SGPS SA, in the establishment, management and operation of telecommunications infrastructure and systems and the provision of telecommunications services, in Portugal;
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C10 - Manufacture of food products
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 30 July 2009, this merger operation consists of the acquisition, by RE Coatings GmbH (RE Coatings), a special purpose investment entity of Riverside Europe Fund IV LP, one of the investment funds belonging to the Riverside business group, of exclusive control of the sister-companies Kaul GmbH (Kaul) and Capol (UK) Limited (Capol), by means of the purchase of all the shares representing the registered capital of these companies.
Timeline
2009-08-28
COMPETITION AUTHORITY authorises Merger No. 29/2009 - RE COATINGS (RIVERSIDE) / KAUL * CAPOL
2009-08-06
Publication of the announcement
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