The Service of the Commission for the Protection of Competition announces that it has received a notification of concentration by regarding the acquisition of the share capital of Flex Acquisition Holdings, Inc. by Apollo Management, L.P., through Clydesdale Acquisition Holdings, Inc..
Apollo Management, L.P. is a limited liability partnership registered under the law of the State of Delaware of the United States of America. It is an investment consultant and is controlled by Apollo Global Management, Inc. (AGM, together with its Apollo subsidiaries). The investment funds managed by affiliates of Apollo (Apollo Funds) invest in companies and debt issued by companies operating in various businesses worldwide, such as investments in education, hospital, security, insurance, business and financial services and real estate companies. The AGM shares are listed on the New York Stock Exchange.
Clydesdale Acquisition Holdings, Inc. is a company registered under the law of the State of Delaware of the United States of America. It is controlled by affiliates of Apollo Management, L.P.
Flex Acquisition Holdings, Inc. is a company registered under the law of the State of Delaware of the United States of America. It is the parent company of Novolex Holdings, LLC, which is active in the development and manufacture of a variety of products and packaging solutions from fiber and other renewable and biological materials, recycled content and resin, such as food packaging (food service), delivery and transportation, food processing and industrial products. Many of its products are also recyclable or compostable.