Prior notification of a concentration (Case M.11644 – VREP / GILDE SFS / CONTEYOR / KTP) – Candidate case for simplified procedure
Date: 2024-09-11
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, holding company, investment company, merger control, packaging








C_202405512EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/5512


11.9.2024






Prior notification of a concentration
(Case M.11644 – VREP / GILDE SFS / CONTEYOR / KTP)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/5512)


1.   
On 3 September 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:






—


Gilde SFS B.V. (‘Gilde SFS’, Netherlands),










—


VR Equitypartner GmbH (‘VREP’, Germany),










—


SFS Group B.V. (‘SFS Group’, Netherlands),










—


KTP Holding GmbH (‘KTP Holding’, Germany).




Gilde SFS and VREP will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of SFS Group and KTP Holding.
The concentration is accomplished by way of purchase of shares.


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






—


Gilde SFS is a holding company controlled by Gilde Equity Management through which invests in various mid-sized and large enterprises, particularly in Belgium, Luxembourg, and the Netherlands,










—


VREP is an investment company that mainly supports medium-sized companies in German-speaking countries of Europe,










—


SFS Group is the holding company of Conteyor, which is a provider of returnable packaging solutions, such as technical textiles, thermoformed products, plastic containers, and metal racks,










—


KTP Holding is the holding company of KTP Group, a German group active in the field of returnable packaging solutions that is particularly focused on the manufacturing of foldable plastic storage and transport containers.






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.11644 – VREP / GILDE SFS / CONTEYOR / KTP
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/2024/5512/oj
ISSN 1977-091X (electronic edition)