The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Prima Industrie S.p.A (‘Prima Industrie’) of Italy by Alpha Private Equity Funds (‘Alpha’) and Peninsula Investments S.C.A (‘Peninsula’), both of Luxembourg.
Prima Industrie is a manufacturer of laser machines and sheet metal working machinery, industrial laser sources, and addictive manufacturing systems.
Alpha is a private equity investor across several European sectors, such as industrial manufacturing, service and distribution. Peninsula makes equity investments in different sectors, such as industrial manufacturing, technology, business services and financial technologies. The Commission concluded that the proposed acquisition would raise no competition concerns given that there are no overlaps between the companies’ activities.
The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.10916.