January 21
Anjum Shabbir
11th January 2021
Competition & State Aid

StorageMart: approval published of acquisition of joint control by the Burnam Parties, the Kroenke Parties, SMG and Cascade Investment

Official publication has been made of the European Commission’s decision of 21 December 2020 approving, under the EU Merger Regulation, the acquisition of joint control over

SMARTCo Properties LP (StorageMart, a chain of self-storage facilities operating across the U.S., Canada and the UK)


StorageMart Partners LLC and its affiliates (the Burnam Parties, active in the US in the self-storage industry and own a controlling interest in StorageMart pre-transaction); E. Stanley Kroenke and affiliated entities (the Kroenke Parties, entities affiliated with Mr Kroenke, who controls an international portfolio of investments, primarily active in the sport and real estate sectors in the US); SMG StorCo LLC (SMG, a wholly-owned indi

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