The Service of the Commission for the Protection of Competition received a notification of a proposed concentration regarding the purchase of the share capital of Safegate International Company by PAI Partners S.A.S., through ADB BVBA.
ADB BVBA is a limited liability company, incorporated under the laws of Belgium. ADB BVBA is a supplier of lighting and guidance signs as well as various power supply products and systems in relation to airfield ground lighting. ADB BVBA belongs to some investment funds, managed and consulted by PAI Partners S.A.S.
PAI Partners S.A.S is an independent company which manages and consults private equity firms. PAI Partners S.A.S is one of the oldest and most experienced private equity firms.
Safegate International ΑΒ is a private limited liability company incorporated under the laws of Sweden. The said target company was established in 1973, and is an important airside solutions supplier, providing docking guidance, airfield lightening, gate management and for air traffic ground control solutions.