Source: EU Commission
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Infinigate Holding AG (‘Infinigate’) of Switzerland by Bridgepoint Group Limited (‘Bridgepoint’) of the UK. Infinigate provides value-added wholesale distribution of IT security products. Bridgepoint is an international private equity group, investing in a broad range of sectors. The Commission concluded that the proposed acquisition would raise no competition concerns, given that the companies’ combined and individual market shares remain minimal both for horizontal and vertical relationships in the markets that the parties are active. 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.10237.