Prior notification of a concentration (Case M.10562 – CARLYLE / WARBURG PINCUS / DURAVANT) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 62/04
Date: 2022-02-04
Institutions: Directorate-General for Competition, European Commission
Subjects: after-sales service, beverage industry, distributive trades, economic concentration, electronic commerce, foodstuff, investment company, logistics, merger control








C_2022062EN.01001401.xml










4.2.2022   


EN


Official Journal of the European Union


C 62/14






Prior notification of a concentration
(Case M.10562 – CARLYLE / WARBURG PINCUS / DURAVANT)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 62/04)

1.   
On 27 January 2022, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


The Carlyle Group (‘Carlyle’, United States),










—


Warburg Pincus LLC (‘Warburg Pincus’, United States),










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Duravant LLC (‘Duravant’, United States), controlled by Warburg Pincus.




Carlyle and Warburg Pincus will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Duravant.
The concentration is accomplished by way of purchase of a shareholding from Warburg Pincus, through a Unit Purchase Agreement.


2.   
The business activities of the undertakings concerned:






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for Carlyle: as a global alternative asset manager, managing funds that invest globally across three investment disciplines: (i) Global Private Equity (including corporate private equity, real estate and natural resources funds); (ii) Global Credit (including liquid credit, illiquid credit and real assets credit); and (iii) Investment Solutions (private equity fund of funds program, which include primary fund, secondary and related co-investment activities).










—


for Warburg Pincus: as a global private equity firm, managing companies that are active in a variety of sectors, including consumer and industrial and business services.










—


for Duravant: manufacturing and suppying processing and logistics equipment for companies active particularly in the food and beverage, and e-commerce and distribution sectors, and related aftermarket offerings (including parts, installation and maintenance).






3.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under 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.   
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.10562 – CARLYLE / WARBURG PINCUS / DURAVANT
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




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.