European Commission Clears Morgan Stanley Infrastructure Acquisition Of Nicollin Entities.
✧ GENERATE BRIEFING +
The European Commission has officially granted regulatory approval under the EU Merger Regulation for Morgan Stanley Infrastructure Inc. to acquire sole control over five prominent French environmental service providers: Nicollin SAS, Société Méditerranéenne De Nettoiement SAS (SMN), Nicollin Holding Environnement (NHE), Nicollin Eau, and MP3D Groupe. Operating out of the United States, Morgan Stanley Infrastructure Inc. expands its global infrastructure portfolio through this acquisition, which focuses predominantly on waste-management solutions, sanitation, and municipal water treatment services across France. Following a thorough assessment under the simplified merger review procedure, the European Commission concluded that the transaction poses no anti-competitive concerns or market concentration risks within the European Economic Area. This determination was reached because the acquiring entity and the target companies do not operate within overlapping horizontal markets or vertically integrated supply chains. The case has been finalized and recorded in the EU public register under case number M.12545.
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Nicollin SAS, Société Méditerranéenne De Nettoiement SAS (‘SMN’), Nicollin Holding Environnement (‘NHE’), Nicollin Eau and MP3D Groupe, all of France, by Morgan Stanley Infrastructure Inc. of the US.
The transaction relates primarily to waste-management and water services.
The Commission concluded that the notified transaction would not raise competition concerns, given that the companies are not active in the same or vertically related markets. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.12545.
