Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 25.10.2022  
C(2022 ) 7832 final  
PUBLIC VERSION  
QuattroR SGR S.p.A.  
Via Borgonuovo 14   
20121  Milan  
Italy 
 
International Medical Technology 
Collective S.C.A.  
Rue Aldringen  11  
L-1118  Luxembourg  
Luxembourg  
Subject : Case M.10893  – QUATTROR / IMTC / MTD  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 3 October 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation , by which QuattroR SGR 
S.p.A. (‘QuattroR ’, Italy), and International Medical Technology Collective S.C.A. 
(‘IMTC’, Luxembourg ), controlled by Invest industrial S.A. (‘Investindustrial’, 
Luxembourg) , will acquire within the meaning of Article 3(1)(b)  and 3(4)  of the 
Merger Regulation joint  control over the whole  of Medical Technology and Devices 
SA (‘MTD’, Switzerland)  by way of purchase of shares .3 
2. The business activities of the undertakings concerned  are the following : 
 QuattroR manages an Italian private equity fund and currently controls five 
portfolio companies in the area of engineering, logistics and manufacturing , 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout th is decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 388, 10.10.2022 , p. 9. 

2  IMTC is an investment subsidiary of Investindustrial, an investment group 
focusing on consumer and leisure, healthcare and services, industrial 
manufacturing and technology,  
 MTD, a Swiss -based med -tech group that designs, develops, and provides 
medical devices  globally , particularly diabe tes management devices, standard and 
safety sharp devices, electro -medical devices and wound -care products . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regula tion and of 
paragraph 5 (b) of the  Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agre ement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .