CPC - Commission for the Protection of Competition
CPC - Commission for the Protection of Competition
03/22/2024 | Press release | Distributed by Public on 03/22/2024 07:10
22/03/2024 - Notification of concentration regarding the acquisition of the share capital of Steliau International SAS by Astorg VIII, SCSp, through Saturn Bidco SAS
The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed acquisition of the share capital of Steliau International SAS by Astorg VIII, SCSp via Saturn Bidco SAS.
Astorg Fund VIII, SCSp is a special limited partnership duly registered under the laws of Luxembourg indirectly controlled by Astorg Group S.à.r.l. (hereinafter all affiliated companies collectively referred to as the "Astorg Group"). Astorg Group is a private equity firm with assets under management that works in cooperation with entrepreneurs and management teams to acquire global companies based in Europe or the US, providing them with strategic guidance, governance and capital to achieve their growth plans.
Saturn Bidco SAS is a limited liability company duly registered under the Laws of France. The company is purely an investment vehicle and has no operational activities.
Steliau International SAS is a limited liability company duly registered under the Laws of France. The company in question is active in the wholesale market of electronic components.