April 23
2021
Juan Jonás
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6th April 2021
Competition & State Aid

Approval decision published: acquisition of joint control of Capverian by Caisse des Dépôts and Deutsche Pfandbriefbank

The European Commission’s decision of 26 March 2021 approving, under Article 6(1)(b) of the EU Merger Regulation, the acquisition of joint control of Germany-based Capveriant Gmbh (digital platform that acts as intermediary between public sector entities and credit and debt lenders) has been officially published. 

The acquiring companies are:

Caisse des Dépôts et des Consignations (a French special status public establishment that with its subsidiaries forms a public group serving the general interest and the country’s economic development); and Deutsche Pfandbriefbank AG (present in the banking finance sector).

The Commission concluded that the proposed acquisition would raise no competition concerns, given the weak mark

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