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Image header Agence Europe
Europe Daily Bulletin No. 9556
Contents Publication in full By article 15 / 47
GENERAL NEWS / (eu) eu/competition

03/12/2007 (Agence Europe) - On Monday 3 December, the European Commission cleared the acquisition of sole control of H.P. Gesellschaft für Beteiligungsverwaltung mbH and HP-Pelzer Beteiligungsholding GmbH & Co Systeme KG of Germany (together H.P. Pelzer) by ELQ Investors Ltd (ELQ) of the UK, controlled by The Goldman Sachs Group Inc. (GS) of the US. The operation will be carried out through a share buy-out and the conclusion of an agreement between .P. Gesellschaft für Beteiligungsverwaltung mbH shareholders. GS is active in investment banking, trading and principal investments, asset management and securities services. H.P. Pelzer designs, produces, sells and distributes interior and exterior sound absorbing systems, interior linings and carpets for motor vehicles. (L.C.)

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