Brussels, 24 March 2025
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Prosper Link International Limited (‘Prosper Link International’) of the British Virgin Islands by Advent International (‘Advent’) of the US and by Mubadala Investment Company (‘Mubadala’) of the United Arab Emirates.
The transaction relates primarily to the sector of manufacturing and sale of lenses and lens care products.
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.11916.