Antitrust Law Daily Wrap Up, ACQUISITIONS & MERGERS NEWS: EC approves Lone Star’s acquisition of N&W Global Vending, (Mar 7, 2016)

By Michael Menzhuber, J.D., LL.M.

The European Commission (EC) has approved under the European Union (EU) merger regulation the proposed acquisition of N&W Global Vending of Italy by Lone Star of the United States, the EC announced today.

N&W Global Vending manufactures, markets, and sells automatic food and beverage vending machines within the European Union, as well as worldwide. Lone Star is a private equity firm that invests in real estate, equity, credit, and other financial assets.

Because of its very limited impact on market structure, the EC concluded that the proposed acquisition would raise no competition concerns.

Gesellschaft fur Spielerschutz und Pravention merger. The EC also has approved under the EU merger regulation the creation of a joint venture named Gesellschaft fur Spielerschutz und Pravention by LOWEN Entertainment, Safari Holding, and SCHMIDT Gruppe Service, all of Germany.

LOWEN produces and leases slot machines and sports gaming machines. Safari operates gambling arcades in Germany under the name LOWEN PLAY. SCHMIDT provides administration and other services to fitness studios, entertainment centers, and real estate properties.

The joint venture will be active in the field of player protection, youth protection, and addiction prevention in the gambling sector.

Because of its very limited impact on market structure, the EC concluded that the proposed acquisition would raise no competition concerns.

Companies: Lone Star; LOWEN Entertainment; N&W Global Vending; Safari Holding; SCHMIDT Gruppe Service

News: AcquisitionsMergers Antitrust