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 -MERG ER-REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels,  28.10.2022  
C(2022 ) 7951 final  
PUBLIC VERSION  
Master 7  S.à r.l,  
Rue Bender 15,  
L1229 Luxembourg,  
Luxembourg  
 
PI8 S.à r.l , 
Via della Spiga 52,  
Milan 20121,  
Italy 
Subject : Case M. 10916 – ALPHA / PENINSULA / PRIMA INDUSTRIE  
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 5 October  2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Master 7 S.à 
r.l, ultimately controlled by Alpha Private Equity Funds 7 (SCA) SICAR, managed by 
Alpha Private Equity Fun ds Management Company  S.à r.l. (‘Alpha’, Luxembourg) 
and Pi8 S.à r.l. , ultimately controlled by Peninsula Investments S.C.A , managed by 
Peninsula Capital S.à r.l. (‘Peninsula’, Luxembourg) ,  intend  to acquire within the 
meaning of Article  3(1)(b)  of the Merger Regulation joint control of the whole of  
Prima Industrie S.p.A (‘Prima Industrie’, Italy), by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 Alpha is a private equity investor in the European mid -market buyouts,  investing 
mainly in industrial manufacturing, consumer and leisure, fashion and design, 
service and distribution sectors , 
                                                 
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 397, 17.10.2022, p. 7 . 

2  Peninsula is a long -term investment vehicle that makes equity investments in 
different sectors and, in particular, in industrials, he althcare, retail, technology, 
business services and financial technologies , 
 Prima Industrie, a joint stock company listed on Euronext Milan, is a manufacturer 
of laser machines and sheet metal working machinery, industrial laser sources, and 
addictive manu facturing systems . 
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 treatme nt 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 .