Brussels, 13 November 2024
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Exclusive Networks S.A. (“Exclusive Networks”), based in France, by Clayton, Dubilier & Rice, LLC (“CD&R”), based in the United States, and Permira Holdings Limited (“Permira”), based in Guernsey.
The transaction primarily involves the wholesale distribution of IT products and solutions, including security-related products and solutions such as cybersecurity.
The Commission concluded that the proposed merger would not raise competition concerns, given the limited market positions of the companies involved resulting from the proposed transaction. The notified transaction was examined under the simplified merger control procedure.
More information is available on the Commission’s competition website , in the public case register under case number M.11676.