European Commission clears acquisition of Fedrigoni by Bain Capital
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Fedrigoni of Italy by Bain Capital of the US.
Fedrigoni is active in the production and sale of various types of paper, including graphic or fine paper, security paper and solutions (such as paper for banknotes and traded securities and security elements), self-adhesive label stock and stationery.
Bain Capital is a private equity investment firm that invests in companies across a number of industries, including information technology, healthcare, retail and consumer products, communications, financial services and manufacturing.
The Commission concluded that the proposed transaction would raise no competition concerns as there are no overlaps between the companies’ activities.