The European Commission has granted approval for Clayton, Dubilier & Rice (CD&R) and Permira Holdings to jointly acquire Exclusive Networks S.A., a French company. This acquisition falls under the EU Merger Regulation and focuses on the wholesale distribution of IT products, including cybersecurity solutions.

The Commission assessed the merger and determined that it would not pose any competition concerns. This conclusion was based on the limited market presence of the involved parties, which allowed the transaction to be processed under a simplified merger control procedure.

For further details, the case can be referenced on the Commission’s competition website under case number M.11676.