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, 7.9.2021  
C(2021) 6645 final  
PUBLIC VERSION  
Platinum Equity, LLC 360 North Crescent Drive (South 
Building)  
90210 Beverly Hills, California  
USA  
Subject : Case M. 10394 – PLATINUM EQUITY GROUP / SOLENIS  
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 11 August 2021, the  European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Platinum 
Equity Group (USA)  acquire s within the meaning of Article 3(1)(b) of the Merger 
Regulation sole  control over the whole of Solenis UK International Limited (‘Solenis’, 
UK), jointly controlled by Clayton Dubilier & Rice (United States) and BASF SE 
(Germany), by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
− Platinum Equity Group is a private equity investment firm specialised in the 
merger, acquisition and operation of companies in a broad range of businesses. 
One of its portfolio companies is Innovative Water Care, LLC ("Sigura", USA), a 
provider of chemical s for water treatment mainly for residential and commercial 
pool and spa applications as well as for residential water and industrial water 
treatment , 
− Solenis is a specialty chemical company active in water treatment solutions, process solutions, pulp and paper solutions and monitoring solutions. Solenis is 
mainly active in the supply of chemicals to the pulp and paper industry. 
                                                 
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 t his 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 332, 18.08.2021, p. 8.  

 
2 3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(c ) 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 Europea n 
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 Ag reement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5.