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<MERGERS: Commission Approval

Commission clears acquisition of Bilfinger Real Estate Solutions and Bilfinger Efficiency by EQT VII

The European Commission has approved under the EU Merger Regulation the acquisition of Bilfinger Real Estate Solutions GmbH and Bilfinger Efficiency GmbH (together ''Bilfinger''),both of Germany, by EQT VII of the UK. Bilfinger is active in building construction and real estate management as well as in facility management services. EQT VII, part of the EQT group of private equity funds, is an investment fund which seeks to invest primarily in Northern Europe. Some of EQT's portfolio companies are active in similar businesses as Bilfinger's, but the combined market shares of the companies remain limited. The Commission therefore concluded that the proposed acquisition would raise no competition concerns because of its very limited impact on the market structure. 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.8093. (For more information: Ricardo Cardoso - Tel.: +32 229 80100; Giulia Komel - Tel.: +32 229 61175)

Source: European Commission