Prior notification of a concentration (Case M.10900 – PLATINUM EQUITY GROUP / IMERYS HTSM) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 428/13
Date: 2022-11-10
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, information technology, iron and steel industry, logistics, merger control, metallurgical industry, provision of services, telecommunications








C_2022428EN.01004901.xml










10.11.2022   


EN


Official Journal of the European Union


C 428/49






Prior notification of a concentration
(Case M.10900 – PLATINUM EQUITY GROUP / IMERYS HTSM)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 428/13)

1.   
On 31 October 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:






—


California Holding III Limited (‘California’, USA), ultimately controlled by Platinum Equity, LLC (‘Platinum Equity Group’, USA),










—


Imerys’ High Temperature Solutions business (‘Imerys HTS’, France), controlled by Imerys S.A. (France).




Platinum Equity Group will acquire within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Imerys HTS.
The concentration is accomplished by way of purchase of securities.


2.   
The business activities of the undertakings concerned are the following:






—


Platinum Equity Group specializes in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of businesses, including information technology, telecommunications, logistics, metal services, manufacturing and distribution at global level. Platinum Equity Group controls Solenis, which is a specialty chemical company active globally in water treatment solutions, process solutions, pulp and paper solutions and monitoring solutions,










—


Imerys HTS is a global provider of high temperature refractory solutions and services, offering thermal protection of industrial equipment as well as flow and casting enhancement to customers from the iron, steel, foundry and thermal industries. Imerys HTS has three main product families, namely: (i) refractories, (ii) steel casting fluxes and (iii) green molding sand additives.






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 no later than 10 days following the date of this publication. The following reference should always be specified:
M.10900 – PLATINUM EQUITY GROUP / IMERYS HTSM
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.