Brussels, 27 January 2025
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Max Matthiessen of Sweden by the Ontario Teachers’ Pension Plan Board (‘OTPP’) of Canada and Nordic Capital XI (‘Nordic Capital’) of Jersey.
The transaction relates primarily to the insurance and investment management sectors.
The Commission concluded that the notified transaction would not raise competition concerns, given that the companies are not active in the same or vertically related markets. The notified 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.11816.