Brussels, 3 May 2023
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of River Ridge Holdings Limited (‘River Ridge’) by Equitix Holdings Limited (‘Equitix’), both from the UK, and Cube Infrastructure Managers (‘Cube’) of Luxembourg.
River Ridge is a waste management company that operates mostly in Northern Ireland, UK. Both Equitix and Cube are investors and managers of infrastructure and energy assets.
The Commission concluded that the proposed acquisition would raise no competition concerns, given that River Ridge has very limited activities within the European Economic Area. The 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.11055.
Source – EU Commission