Prior notification of a concentration (Case M.11862 – PSS / MACCAFERRI / JV) – Candidate case for simplified procedure
Date: 2025-02-13
Institutions: Directorate-General for Competition, European Commission
Subjects: United Kingdom, civil engineering, economic concentration, environmental industry, joint venture, merger control, provision of services, sales agent, supply, wire








C_202501134EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/1134


13.2.2025






Prior notification of a concentration
(Case M.11862 – PSS / MACCAFERRI / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/1134)


1.   
On 3 February 2025, 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:






—


Prime Synthetic Solutions Ltd (‘PSS’, United Kingdom), jointly controlled by Teijin Limited (Japan) and Miller Prime Ltd (United Kingdom),










—


Officine Maccaferri SpA (‘Maccaferri’, Italy), controlled by a fund managed by Ambienta Sgr SpA (Italy).




PSS and Maccaferri will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created joint venture (the ‘JV’).
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.


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






—


PSS is a sales agent for Linear Composites, a subsidiary of Maccaferri. PSS is jointly controlled by Miller Prime Ltd and Teijin Limited, a technology group active in the sectors of healthcare solutions and high-performance materials,










—


Maccaferri is a provider of environmental engineering solutions within the civil engineering, geotechnical and environmental construction market. Maccaferri is the full owner of Linear Composites, which is mainly active in the United Kingdom, and which designs, develops and manufactures high-performance polymer composite products, including rope wire products such as parafil and paraloop products.






3.   

The JV will develop, supply and manufacture rope wire products, in particular parafil and paraloop products, which will be produced with aramid fibers. The JV will have its place of origin in the United Kingdom.



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 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.


5.   
The Commission invites interested third parties to submit their possible observations on the proposed concentration 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.11862 – PSS / MACCAFERRI / JV
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/2025/1134/oj
ISSN 1977-091X (electronic edition)