Case details

Merger control

Case reference

CCENT/2009/45 - GOLDCUP/ISABERG

Acquiring

Goldcup

Description

a special purpose entity, wholly owned by Esselte AB, a Swedish-registered company that is active worldwide in the production and marketing of office equipment and owned, in turn, by the venture capital fund JW Childs Associates LP, with its headquarters in the United States of America. Esselte AB is present in Portugal through its subsidiary Esselte Portugal - Comercialização de Equipamento de Escritório Lda;

Acquired

Isaberg - Rapid AB

Description

A Swedish-registered company that is active worldwide in the production and marketing of tools and office equipment.

Sector

Supply and Food Industry

Activity (NACE)

G46 - Wholesale trade (include commission trade), except of motor vehicles and motorcycles

Applicable legislation

Art. 9(1)(a) (Law 18)

Notification thresholds

Market share

Type of merger

Horizontal

Cooperation with sector regulators

Status

Closed

Type of Investigation

Phase 1

AdC’s decision

Case description

Notified on 17 November 2009, this merger operation consists of the acquisition, by the company GOLDCUP 5115 AB ("GOLDCUP"), of exclusive control of the company ISABERG HOLDING AB ("ISABERG").

Timeline

2009-12-24

COMPETITION AUTHORITY authorises Merger No. 45/2009 - GOLDCUP / ISABERG

2009-11-25

Publication of the announcement

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Case details