Merger Notification - Announcement according to § 10 Cartel Act
Impact Bidco Holdings; JPack International SAS
On 22.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
The transaction concerns the indirect acquisition of 100% of the shares in and sole control over Ipackchem SAS (Paris / France) by Impact Bidco Holdings, which is controlled by funds in turn controlled by SK Capital Investment V, Ltd. (Cayman Islands), an affiliate of SK Capital Partners LP (New York / USA). The proposed concentration concerns rigid packaging solutions.
Affected industry: Manufacture of plastic packing goods
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.01.2021.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 20.01.2021 .