The Service of the Commission for the Protection of Competition has received a notification of a concentration, according to Section 10 of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition by EQT Fund Management S.a.r.l., through EQT IX, of the Natural Colors business of Chr. Hansen Holding A/S.
EQT IX is controlled by EQT Fund Management S.ΰ r.l. and all together belong to the group EQT, which is the ultimate purchaser on this concentration. EQT is global investment group of companies that provides wide range of assets funds and other investment products. EQT group of companies also provides capital market solutions for enterprises, its portfolio companies and other customers. The private equity funds, which EQT manages, invest in companies in several sectors.
The Target consists of the shares of Chr. Hansen Natural Colors A/S, the shares of some other subsidiaries of Chr. Hansen Holding A/S which are relevant with Natural Colors business of Chr. Hansen, and the total of assets of some other companies which are relevant with the business. The Target is active in the development, production and sale of natural colourants to customers to various end markets, including dairy and food preparation products, confectionery, beverages, ice cream, meat and processed foods, dietary supplements and more. It also active in sales of artificial colourants and phytonutrients.