CELEX: 32022M10607
Language: en
Date: 2022-03-04 00:00:00
Title: Commission Decision of 04/03/2022 declaring a concentration to be compatible with the common market (Case No COMP/M.10607 - LONE-STAR FUNDS / SPX FLOW) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 04.03.2022
                                                                 C(2022) 1459 final
                                                                                  PUBLIC VERSION
                                                                 LSF11 Redwood Acquisitions LLC
                                                                 2711 N. Haskell Avenue Suite 1700
                                                                 Dallas, Texas 75219
                                                                 United States of America
Subject:        Case M.10607 – LONE-STAR FUNDS / SPX FLOW
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                (EC) No 139/20041 and Article 57 of the Agreement on the European
                Economic Area2
Dear Sir or Madam,
1.      On 9 February 2022, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which LSF11
        Redwood Acquisitions LLC acquires within the meaning of Article 3(1)(b) of the
        Merger Regulation sole control of the whole of SPX Flow, Inc.. The concentration is
        accomplished by way of purchase of shares. 3
2.      The business activities of the undertakings concerned are:
             For LSF11 Redwood Acquisitions LLC: LSF11 Redwood Acquisitions is a
              subsidiary of affiliates of Lone Star Funds, a private equity firm that invests
              globally in real estate, equity, credit, and other financial assets,
              for SPX Flow, Inc.: design, manufacture and service of process technologies
                 and solutions that perform, amongst others, mixing, blending, fluid handling,
                 separation, thermal heat transfer across a wide variety of sanitary and industrial
                 markets.
3.      After examination of the notification, the European Commission has concluded that
        the notified operation falls within the scope of the Merger Regulation and of
1       OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on
        the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the
        replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology
        of the TFEU will be used throughout this decision.
2       OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).
3       Publication in the Official Journal of the European Union No C 75, 16.2.2022, p. 22.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak---    paragraphs 5(b) of the Commission Notice on a simplified procedure for treatment of
   certain concentrations under Council Regulation (EC) No 139/2004.4
4. For the reasons set out in the Notice on a simplified procedure, the European
   Commission has decided not to oppose the notified operation and to declare it
   compatible with the internal market and with the EEA Agreement. This decision is
   adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of
   the EEA Agreement.
                                                  For the Commission
                                                  (Signed)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
                                             2