Eurazeo notified the Autorité de la concurrence of its plan to take over Altaïr group by acquiring 100% of its shares.
Parties to the transaction
Eurazeo is a subsidiary of Eurazeo S.E., the parent company of a global investment group. Eurazeo’s portfolio includes approximately 430 companies of all sizes and from all sectors, such as Seqens, a chemical supplier.
The Altaïr group manufactures and markets household cleaning products (under the Starwax brand), laundry products (under the Oro brand), dishwashing products (under the Mistol brand), insecticide products (under the Kapo and Oro brands) and multi-material repair and renovation products (under the Sinto brand).
The transaction is not likely to harm competition
Considering that the transaction is not likely to harm competition, the Autorité cleared the transaction without conditions.
- Full text of the decision will soon be published on the Autorité’s website