Prior notification of a concentration (Case M.11041 – VERDANE CAPITAL 2020 / FSN CAPITAL VI / POLYTECH GROUP) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 86/10
Date: 2023-03-08
Institutions: Directorate-General for Competition, European Commission
Subjects: Internet, advanced technology industry, consultancy, economic concentration, electronics industry, energy industry, investment company, merger control, software, turbine








C_2023086EN.01001201.xml










8.3.2023   


EN


Official Journal of the European Union


C 86/12






Prior notification of a concentration
(Case M.11041 – VERDANE CAPITAL 2020 / FSN CAPITAL VI / POLYTECH GROUP)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 86/10)

1.   
On 28 February 2023, 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:






—


FSN Capital VI (United Kingdom), controlled by FSN Capital,










—


Verdane Capital 2020 (Sweden), controlled by Verdane Advisors Holding AS,










—


VC VIII Polytech Holding ApS (‘Polytech Group’, Denmark), currently solely controlled by Verdane Capital 2020




Verdane Capital 2020 and FSN Capital VI will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over the Polytech Group.
The concentration is accomplished by way of purchase of shares.


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






—


FSN Capital VI is a private equity fund focusing on investments in the Nordics, Austria, Germany and Switzerland,










—


Verdane Capital 2020 is an investment fund active in the consumer internet, software, energy and advanced industrial sectors.






3.   

The business activities of the Polytech Group are the following: developing, manufacturing and distributing critical, specialised rotor blade component products for wind turbines worldwide.



4.   
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.


5.   
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.11041 – VERDANE CAPITAL 2020 / FSN CAPITAL VI / POLYTECH GROUP
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
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.