Prior notification of a concentration (Case M.11916 – ADVENT / MUBADALA / PROSPER LINK INTERNATIONAL) – Candidate case for simplified procedure
Date: 2025-03-07
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, investment company, merger control, optical industry








C_202501567EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/1567


7.3.2025






Prior notification of a concentration
(Case M.11916 – ADVENT / MUBADALA / PROSPER LINK INTERNATIONAL)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/1567)


1.   
On 27 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:






—


Advent International, L.P. (‘Advent’, USA), controlled by AIC Parent, Inc. (USA),










—


Mubadala Investment Company PJSC (‘MIC’, United Arab Emirates),










—


Prosper Link International Limited (‘Prosper’, British Virgin Islands).




Advent and MIC will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Prosper.
The concentration is accomplished by way of purchase of shares.


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






—


Advent: private equity investor focused on the acquisition of equity stakes and management of investment funds in various sectors, including healthcare, industrial, technology, retail, consumer and leisure, and business and financial services,










—


MIC: investment company wholly owned by the Government of Abu Dhabi managing a diverse portfolio of assets and investments in the United Arab Emirates and abroad,










—


Prosper: business primarily engaged in the manufacturing and sales of conventional contact lenses and lens care products in Mainland China, under its two major brand names Hydron and Horien.






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 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.11916 – ADVENT / MUBADALA / PROSPER LINK INTERNATIONAL
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/2025/1567/oj
ISSN 1977-091X (electronic edition)