# C_2022218EN.01001501.xml

| 2.6.2022 | EN | Official Journal of the European Union | C 218/15 |
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2.6.2022

EN

Official Journal of the European Union

C 218/15

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Prior notification of a concentration

(Case M.10717 – KKR / PAI PARTNERS / BCI / REFRESCO)

(Text with EEA relevance)

(2022/C 218/09)

1.

This notification concerns the following undertakings:

| — | KKR & Co. Inc. (‘KKR’, US), |
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KKR & Co. Inc. (‘KKR’, US),

| — | PAI Partners S.à.r.l. (PAI Partners, France), controlled by PAI Partners S.A.S., |
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PAI Partners S.à.r.l. (PAI Partners, France), controlled by PAI Partners S.A.S.,

| — | British Columbia Investment Management Corporation (‘BCI’, Canada), |
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British Columbia Investment Management Corporation (‘BCI’, Canada),

| — | Refresco Deutschland Holding GmbH (‘Refresco’, Netherlands), controlled by PAI Partners and BCI. |
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Refresco Deutschland Holding GmbH (‘Refresco’, Netherlands), controlled by PAI Partners and BCI.

KKR, PAI Partners and BCI will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of Refresco.

The concentration is accomplished by way of purchase of shares.

2.

| — | KKR is a global investment firm that offers alternative asset management and capital markets and insurance solutions, |
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KKR is a global investment firm that offers alternative asset management and capital markets and insurance solutions,

| — | PAI Partners is active in the management of a number of funds investing in the business services, distribution, food & consumer, general industrials, and healthcare sectors, |
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PAI Partners is active in the management of a number of funds investing in the business services, distribution, food & consumer, general industrials, and healthcare sectors,

| — | BCI is an agent of the Government of British Columbia investing on behalf of public sector clients across a range of asset classes, including fixed income, public equities, private equity, infrastructure, renewable resources, real estate and commercial mortgages, |
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BCI is an agent of the Government of British Columbia investing on behalf of public sector clients across a range of asset classes, including fixed income, public equities, private equity, infrastructure, renewable resources, real estate and commercial mortgages,

| — | Refresco is global player active in the production and bottling of a large variety of non-alcoholic beverages for private label belonging to retailers and for brand owners under contract manufacturing. |
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Refresco is global player active in the production and bottling of a large variety of non-alcoholic beverages for private label belonging to retailers and for brand owners under contract manufacturing.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10717 – KKR / PAI PARTNERS / BCI / REFRESCO

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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