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, 7.7.2022  
C(2022) 4935 final  
PUBLIC VERSION 
One Rock Capital P artners , LLC  
30 Rockefeller P laza, 54th floor  
NY 10112, New York  
United States of America  
Subject : Case M.10754 − ONE ROCK CAPITAL PARTNERS / PREFERE 
RESINS  
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 15 June 2022, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which One Rock 
Capital Partners, LLC (“ORC”, United States) through a  wholly owned subsidiary, 
will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole 
control over the whole of Prefere Resins Holding GmbH (“P refere Resins”, Germany) 
by way of purchase of shares3. 
2. The business activities of the undertakings concerned are  the following:  
− ORC is a private equity firm focusing on control -stake equity investments in 
middle -market companies. ORC manages funds that invest in portfolio companies 
operating in various industries, including chemicals and process, specialty 
manufacturing and healthc are, food manufacturing and distributions, and business 
and environmental services,  
 
                                                 
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 this 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 241, 24.6.2022, p. 30.  

2 − Prefere Resins is mainly focused on the development, manufacture and sale of 
synthetic resins across the EMEA and Americas for a variety of end markets such 
as constructi on, insulation, industrial, automotive and flooring and furniture. To a 
lesser extent, Prefere Resins also produces and sells (Para)Formaldehyde and 
Methanol derivatives . 
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(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 Agreement . 
For the Commission  
  
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5.