Commission clears acquisition of Fullscript by Altas and L Catterton

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Fullscript Inc. by Altas Corporation (‘Altas'), both of the US, and L Catterton Management Limited (‘L Catterton') of the UK.

The transaction relates primarily to the online wholesale and retail of vitamins, minerals and supplements in North America.

The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area and that the companies are not active in the same or vertically related markets. The notified 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.12641.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Sara Simonini – Tel.: +32 2 298 33 67)