Prior notification of a concentration (Case M.11258 – BDT / SOFIMA HOLDINGS / SOFIMA) – Candidate case for simplified procedure
Date: 2023-10-19
Institutions: Directorate-General for Competition, European Commission
Subjects: Italy, company with share capital, economic concentration, holding company, investment, investment bank, machinery, merger control, packaging, shareholder








C_202300369EN.000101.fmx.xml












Official Journal of the European Union


EN
Series C













C/2023/369


19.10.2023






Prior notification of a concentration
(Case M.11258 – BDT / SOFIMA HOLDINGS / SOFIMA)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2023/369)


1.   
On 11 October 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),










—


Alva S.p.A., Amca S.r.l., Ipercubo S.r.l., Lefa S.r.l., Mefa S.r.l., 4emme S.r.l., P.M. Investments S.r.l. and Fariniundici S.p.A. (together, ‘SOFIMA Holdings’, Italy)










—


So.Fi.M.A. Società Finanziaria Macchine Automatiche S.p.A. (‘SOFIMA’, Italy).




BDT and SOFIMA Holdings will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of SOFIMA.
The concentration is accomplished by way of purchase of shares.


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






—


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










—


SOFIMA Holdings are the holding companies of certain private individuals that, acting together, hold a controlling stake in the Italian joint stock company I.M.A. Industria Macchine Automatiche S.p.A. (‘IMA’),










—


SOFIMA an Italian joint stock company, is a holding company. It holds, indirectly the entire share capital of IMA, a stock company active in the development and manufacturing of packaging machinery solutions.






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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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.11258 – BDT / SOFIMA HOLDINGS / SOFIMA
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 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2023/369/oj
ISSN 1977-091X (electronic edition)