Prior notification of a concentration (Case M.11151 – BDT / LGP / PROMACH) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 224/07
Date: 2023-06-27
Institutions: Directorate-General for Competition, European Commission
Subjects: after-sales service, commercial bank, economic concentration, investment company, merger control, packaging








C_2023224EN.01001301.xml










27.6.2023   


EN


Official Journal of the European Union


C 224/13






Prior notification of a concentration
(Case M.11151 – BDT / LGP / PROMACH)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 224/07)

1.   
On 16 June 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:






—


BDT Capital Partners, LLC (‘BDT’, United States of America), ultimately controlled by a natural person, Byron D. Trott,










—


Leonard Green & Partners, L.P. (‘LGP’, United States of America),










—


Pro Mach, Inc. (‘ProMach’, United States of America), currently under sole control of LGP.




BDT and LGP acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of ProMach.
The concentration is accomplished by way of purchase of securities.


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






—


BDT is a U.S. merchant bank specialized in investments in family-owned and founder-led businesses,










—


LGP is a U.S. private equity investment firm which primarily focuses on investing in companies providing services, including consumer, business, and healthcare services, as well as retail, distribution, and industrials,










—


ProMach is a provider of packaging machinery solutions and related aftermarket products and services (including engineering and integration services) serving manufacturers of all sizes and geographies in the food, beverage, pharmaceutical, personal care as well as household and industrial goods industries. ProMach’s business is currently largely focused on the U.S. and Canada, but it also offers its services in the EEA and elsewhere in the world.






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:
Case M.11151 – BDT / LGP / PROMACH
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.