Prior notification of a concentration (Case M.11459 – CINVEN / BARENTZ) – Candidate case for simplified procedure
Date: 2024-02-15
Institutions: Directorate-General for Competition, European Commission
Subjects: animal nutrition, consultancy, distributor, economic concentration, food additive, human nutrition, investment company, merger control, pharmaceutical industry, provision of services








C_202401602EN.000101.fmx.xml












Official Journal of the European Union


EN
Series C













C/2024/1602


15.2.2024






Prior notification of a concentration
(Case M.11459 – CINVEN / BARENTZ)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/1602)


1.   
On 7 February 2024, 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:






—


Cinven Limited (UK), a Cinven (Guernsey) controlled private limited company,










—


Barentz Holding B.V. (‘Barentz’, Netherlands), jointly controlled by the Sixth Cinven Fund (Guernsey) and Stichting Barentz Beheer (Netherlands).




Cinven Limited will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Barentz.
The concentration is accomplished by way of purchase of shares.


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






—


Cinven Limited, incorporated in the United Kingdom, is part of Cinven. Cinven is a private equity business engaged in the provision of investment management and investment advisory services to a number of investment funds. The companies in Cinven's portfolio of investments are active in a variety of sectors across a range of jurisdictions,










—


Barentz is active in the distribution of ingredients and additives for the human nutrition, pharmaceutical, personal care, performance materials, and animal nutrition industries throughout the European Union and a number of countries worldwide.






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.11459 – CINVEN / BARENTZ
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/2024/1602/oj
ISSN 1977-091X (electronic edition)