Case details

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Merger control
Case reference
CCENT/2009/49 - Kiri Holding / Activos DyStar
Acquired
DyStar KG e DyStar GmbH
Description
German-registered companies operating in the business of producing and distributing textile dyes, textile auxiliaries, high-performance additives and leather auxiliaries, and in the provision of textile services and global manufacturing contracts. Since 1 December 2009, these companies have been involved in insolvency proceedings at the Frankfurt am Main Tribunal. In Portugal, DyStar Anilines carries out the economic activity of distributing textile dyes, textile auxiliaries and leather auxiliaries and providing textile services.
Acquiring
Kiri Holding Singapore Private Limited
Description
a Singapore-registered company operating in the business of producing and distributing reactive dyes used in cotton fabrics such as clothing, sheets and carpets
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C20 - Manufacture of chemicals, chemical products and man-made fibres, except pharmaceutical products
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
Non-applicable
Case description
Notified on 18 December 2009, this merger operation consists of the acquisition, by Kiri Holding Singapore Private Limited (henceforth "Kiri Holding"), of (i) a set of assets of the companies DyStar KG Textilfarben GmbH & Co. Deutschland KG (henceforth "DyStar KG") and DyStar Textilfarben GmbH (henceforth "DyStar GmbH"); and (ii) a series of shareholdings in these companies. With regard to Portugal, the operation notified consists of the acquisition of exclusive control of the Portuguese subsidiary of DyStar GmbH, DyStar Anilines Têxteis, Unipessoal, Lda (henceforth "DyStar Anilines"), by means of the purchase of all the shares representing its registered capital. The said companies DyStar KG and DyStar GmbH are located in Germany.
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