The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed acquisition of the share capital of Aqseptence Group GmbH by Oaktree Capital Group, LLC and Brookfield Corporation via AQS BidCo GmbH.
AQS BidCo GmbH is a special purpose vehicle, which has no prior business activities and which was established to act as an acquisition vehicle for the purposes of this transaction. AQS BidCo GmbH is a member of the Oaktree Group, a group of companies whose ultimate control is shared by the entities Oaktree Capital Group, LLC and Brookfield Corporation.
Oaktree Capital Group, LLC, is a limited liability company incorporated under the laws of Delaware, United States of America. Oaktree is an international investment management company whose investments focus on corporate credit, private equity, real estate assets and listed stocks. The funds and accounts managed by Oaktree invest in a variety of industries, including manufacturing, healthcare, textile, travel, mining, and media.
Brookfield Corporation is a company duly registered under the laws of Canada. Brookfield is a global asset manager, offers a range of public and private equity products and services, and is listed on the New York and Toronto stock exchanges. Brookfield's investments focus on renewable energy and energy transition, infrastructure, private equity, real estate, credit and insurance.
Aqseptence Group GmbH is a limited liability company duly registered under the laws of Germany. The Target is an international supplier of specialized products, equipment and system solutions for water and waste management, including filtration and separation as well as water technology for industrial customers and municipal authorities.