Brussels, 10 February 2025
The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Luxembourg-based EQT Fund Management S.á r.l (“EFMS”) and Leigh Investment Pte. Ltd (“Leigh”), based in Singapore.
The transaction mainly concerns water metering and water consumption data reading services.
The Commission concluded that the proposed merger would not raise competition concerns, given the limited activities of the joint venture in the European Economic Area. 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.11844.