01/08/2006 (Agence Europe) - The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of Stroili Oro SpA of Italy by Investindustrial III LP (Investindustrial) of Italy, along with Stroili Oro's current owners, L Capital management SA of France and Ergon Capital Partners SA of Belgium. Stroili Oro is active in the retail distribution of semi-precious jewellery. The operation was examined under the simplified merger review procedure