The Service of the Commission for the Protection of Competition announces that it has received a notification of a concentration from Broadview Holding B.V. concerning the acquisition of the share capital of the Formica Group.
Broadview Holding B.V. is a limited liability company duly registered under the laws of the Netherlands. The said enterprise is a holding company which ultimately belongs to a group of companies, which is controlled by an international holding company, with strategic focus on acquiring significant shareholdings in companies. Its portfolio deals with a wide variety of industries, most of which are located in North America and Western Europe.
Formica group which is the target in this transaction consists of the enterprises Formica Holdings USA, Inc., Formica Holdco (UK) LIMITED and Formica (Asia) Limited (together with their subsidiaries). Formica group is active in the design, manufacture, distribution and sale of decorative laminates (HPL/CPL) including doors and HPL elements for customers worldwide.