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Anjum Shabbir
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28th January 2020
Competition & State Aid

Merger of US companies in specialised construction activities’ sector

A decision has been made by the Commission to approve the acquisition of Brand Industrial Holdings, Inc by BCP Acquisitions LLC and Clayton, Dubilier & Rice Fund X, L.P.

The company to be acquired is a trade contractor providing specialised services in the construction sector, and the acquiring companies are, respectively, a global asset manager, and a private equity investment fund.

It was found that the transaction would lead to limited combined market positions, and therefore not raise any competition concerns.

The press release can be accessed here.

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