# C_2021139EN.01000901.xml

| 20.4.2021 | EN | Official Journal of the European Union | C 139/9 |
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20.4.2021

EN

Official Journal of the European Union

C 139/9

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Prior notification of a concentration

(Case M.10219 — Cerberus/Koch Industries/PQ Performance Chemicals)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 139/08)

1.

This notification concerns the following undertakings:

| — | Cerberus Capital Management L.P. (‘Cerberus’, USA), |
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Cerberus Capital Management L.P. (‘Cerberus’, USA),

| — | Koch Minerals & Trading (‘KM&T’, USA), controlled by Koch Industries, Inc. (‘KII’, USA), |
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Koch Minerals & Trading (‘KM&T’, USA), controlled by Koch Industries, Inc. (‘KII’, USA),

| — | PQ LLC, PQ International Cooperative UA and PQ Netherlands Cooperative LLC (Netherlands) and PQ Silicates Limited, PQ China (Hong Kong) Limited (Hong Kong) (together ‘PQ Performance Chemicals’), controlled by PQ Group Holdings, Inc. (‘PQ Group’, USA). |
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PQ LLC, PQ International Cooperative UA and PQ Netherlands Cooperative LLC (Netherlands) and PQ Silicates Limited, PQ China (Hong Kong) Limited (Hong Kong) (together ‘PQ Performance Chemicals’), controlled by PQ Group Holdings, Inc. (‘PQ Group’, USA).

Cerberus and KM&T acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of PQ Performance Chemicals.

The concentration is accomplished by way of purchase of shares.

2.

| — | for Cerberus: investment in real property and personal property of all kinds worldwide. Some of the main sectors in which the undertakings controlled by the Cerberus Group generate turnover are financial services, manufacturing, building materials and real estate, |
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for Cerberus: investment in real property and personal property of all kinds worldwide. Some of the main sectors in which the undertakings controlled by the Cerberus Group generate turnover are financial services, manufacturing, building materials and real estate,

| — | for KM&T: dry-bulk commodity handler, which markets and trades commodities such as petroleum coke, coal, sulfur, wood pulp and paper products. |
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for KM&T: dry-bulk commodity handler, which markets and trades commodities such as petroleum coke, coal, sulfur, wood pulp and paper products.

| — | for KII: control of a diverse portfolio of companies involved in refining and chemicals, process and pollution control equipment and technologies, minerals, fertilizers, commodity trading and services, polymers and fibers, glass, forest and consumer products, electronic connectors, ranching, printing and packing, enterprise software and investments, |
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for KII: control of a diverse portfolio of companies involved in refining and chemicals, process and pollution control equipment and technologies, minerals, fertilizers, commodity trading and services, polymers and fibers, glass, forest and consumer products, electronic connectors, ranching, printing and packing, enterprise software and investments,

| — | for PQ Performance Chemicals: producer of sodium silica’s, downstream specialty silicas, zeolites and other derivatives. The products manufactured by PQ Performance Chemicals are used as input products across a range of personal care, cleaning, food and beverage and surface coating products. |
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for PQ Performance Chemicals: producer of sodium silica’s, downstream specialty silicas, zeolites and other derivatives. The products manufactured by PQ Performance Chemicals are used as input products across a range of personal care, cleaning, food and beverage and surface coating products.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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.10219 — Cerberus/Koch Industries/PQ Performance Chemicals

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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(2)  OJ C 366, 14.12.2013, p. 5.

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