Mergers: EU Commission clears acquisition of Viridor by KKR

The European Commission has approved, under the EU Merger Regulation, the acquisition of Viridor Limited (“Viridor”) of the UK by KKR & Co. Inc. (“KKR”) of the US.

Viridor is active in renewable energy and waste management services. KKR provides asset funds and other investment products to investors and capital markets solutions.

The Commission concluded that the proposed acquisition would raise no competition concerns, given that there are no horizontal or vertical overlaps between the companies’ activities.

The 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.9833.

Arianna Podesta –