In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties.<\/p>\n
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this statement does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation<\/strong><\/p>\n Economic sectors concerned<\/strong><\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council received notification of an economic concentration operation concerning the acquisition by the company \u201cClayton, Dubilier & Rice Fund XII, LP\u201d and the company \u201cEverest UK HoldCo Limited\u201d of joint control of the company \u201cExclusive Networks SA\u201d and after which they will respectively hold 56% and 38% of its share capital and associated voting rights.<\/p>\n \u201cClayton, Dubilier & Rice Fund XII, LP\u201d is a private equity fund registered in the Cayman Islands and controlled by Clayton, Dubilier & Rice, a private investment group based in the United States. The group’s strategy is to acquire and manage stakes in companies from various sectors, including industry, business services, financial services, distribution, health, and technology.<\/p>\n \u201cEverest UK HoldCo Limited\u201d is a limited liability company registered in the United Kingdom. The company is indirectly and exclusively controlled by \u201cPermira Holdings Limited\u201d, a private equity company registered in Guernsey and whose purpose, through its subsidiaries and affiliated companies, is to provide investment management services to a number of investment funds.<\/p>\n \u201cExclusive Networks S.A\u201d is a French joint-stock company, specialized in wholesale distribution of information technology products and solutions.<\/p>\n <\/p>\n Done in Rabat, on September 5, 2024<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation. The publication of this statement does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups concerned: The company \u201cClayton, Dubilier & Rice Fund XII,LP\u201d; The company \u201cEverest UK HoldCo Limited\u201d; The company \u201cExclusive Networks SA\u201d. Nature of the operation Joint control acquisition. Economic sectors concerned Information technology products distribution sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this statement, i.e. September 16, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the acquisition by the company \u201cClayton, Dubilier & Rice Fund XII, LP\u201d and the company \u201cEverest UK HoldCo Limited\u201d of joint control of the company \u201cExclusive Networks SA\u201d and after which they will respectively hold 56% and 38% of its share capital and associated voting rights. \u201cClayton, Dubilier & Rice Fund XII, LP\u201d is a private equity fund registered in the Cayman Islands and controlled by Clayton, Dubilier & Rice, a private investment group based in the United States. The group’s strategy is to acquire and manage stakes in companies from various sectors, including industry, business services, financial services, distribution, health, and technology. \u201cEverest UK HoldCo Limited\u201d is a limited liability company registered in the United Kingdom. The company is indirectly and exclusively controlled by \u201cPermira Holdings Limited\u201d, a private equity company registered in Guernsey and whose purpose, through its subsidiaries and affiliated companies, is to provide investment management services to a number of investment funds. \u201cExclusive Networks S.A\u201d is a French joint-stock company, specialized in wholesale distribution of information technology products and solutions. Done in Rabat, on September 5, 2024<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-40735","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
\n
\n
\n