The Commission for the Protection of Competition received a notification of a proposed concentration, concerning the acquisition of the share capital of ABM Italia S.p.A. by Keter Group BV, through its subsidiary, Corona Plastic (2016) S.r.L..
ABM Italia S.p.A. is a company duly registered under the laws of Italy, which is active in the design, manufacture and supply of resin-based products for home organization. Also, it is active in the field of medicine with the production and supply of disposable resin cartridges for sharp and specific hospital waste, and through its subsidiary, Plastitecnica, it provides injection molding services to third parties. ABM Italia S.p.A., additionally, owns a small workwear clothing line in Italy.
Keter Group BV is a company duly registered under the laws of the Netherlands, and it is the parent company of Keter Group. The activities of Keter Group BV concern the design, manufacture and sale of household consumer resin-based products.
Corona Plastic Company (2016) S.r.L. is a company duly registered under the laws of Italy and it is a subsidiary of Keter Group BV. This company is a vehicle company, which was established for the purposes of implementing the proposed concentration.