The Service of the Commission for the Protection of Competition has received a notification of a proposed concentration concerning the acquisition of the share capital from Cinven Capital Management (VII) General Partner Limited of BTV Multimedia GmbH, via Euro Techno Com Group.
Cinven Capital Management (VII) General Partner Limited is a private equity firm engaged in the provision of investment management and investment advisory services to various investment funds. Companies in Cinven's investment portfolios operate in a wide range of sub-sectors, primarily business services, consumer, financial services, healthcare, industrials, technology, media and telecommunications.
Euro Techno Com Group (ETC Group) is mainly active in the distribution of telecommunication products (specifically cables, accessories and other miscellaneous equipment such as passive equipment and optical products) and services to telecommunication operators and telecommunication network installers.
BTV Multimedia GmbH specializes in the distribution and production of telecommunication infrastructure products, mainly passive and active equipment for broadband network development, maintenance and upgrades.