The Service of the Commission for the Protection of Competition has received a notification of a concentration according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, by CVC Capital Partners SICAV-FIS S.A. (hereinafter «CVC»), regarding the acquisition of the share capital of EcoVadis S.A.S through certain CVC funds.
The "CVC Network" is comprised of CVC and its subsidiaries and affiliate companies and CVC Capital Partners Advisory Group Holding Foundation and its subsidiaries, which are private entities whose activities include investment advice and/or managing investments on behalf of certain investment funds and platforms (the "CVC Funds"), including the CVC Growth Partners Fund II.
The target in this merger is EcoVadis S.A.S. and its subsidiaries (hereinafter the “EcoVadis”). EcoVadis is a company duly registered according to the laws of France and is a global sustainability rating agency that prepares corporate social responsibility assessments (CSRs) and helps companies to improve their practices, to manage risks and to increase transparency in relationships with their business partners.