Prior notification of a concentration (Case M.10940 – CPPIB / MONTAGU / UNIVERSAL INVESTMENT / JV) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 454/07

Prior notification of a concentration (Case M.10940 – CPPIB / MONTAGU / UNIVERSAL INVESTMENT / JV) Candidate case for simplified procedure (Text with EEA relevance) (2022/C 454/07) 1. On 22 November 2022, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1). This notification concerns the following undertakings: — Montagu Private Equity LLP (‘Montagu’, United Kingdom), — Canada Pension Plan Investment Board (‘CPPIB’, Canada), — Universal Investment GmbH (‘Universal Investment’, Germany), ultimately controlled by Alpha LuxCo 2 SARL (Germany). Montagu and CPPIB will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Universal Investment. The concentration is accomplished by way of purchase of shares. 2. The business activities of the undertakings concerned are the following: — Montagu is a private equity firm, headquartered in the United Kingdom. It focuses on arrangements and investments in buyouts of companies, particularly in Northern Europe, — CPPIB is a professional investment management organisation, CPPIB invests the funds transferred to it by the Canada Pension Plan (‘CPP’) that are not needed by the CPP to pay current benefits on behalf of 21 million contributors and beneficiaries, — Universal Investment is a service provider to the investment fund industry headquartered in Frankfurt, Germany. 3. On preliminary examination,...