21/12/2004 (Agence Europe) - The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of MGC of Italy by Guernsey-based undertaking Permira, Private Equity Partners (PEP) of Italy and Marazzi also of Italy. MGC is active in the production and distribution of ceramic tiles. Marazzi is a holding company, controlled by the Marazzi family, which currently owns MGC. Permira and PEP are both private equity firms controlling several companies,...