The French Competition Authority opens an investigation into the acquisition of an oil pipeline company by a private equity investment firm (SPMR / Ardian Group)

The Autorité de la concurrence opens an in-depth examination into the acquisition of Société du Pipeline Méditerranée-Rhône (SPMR) by Ardian Group* On 14 September 2020, Ardian France, a French private equity and asset management company notified of its plan to acquire exclusive control of the oil pipeline company Société du Pipeline Méditerranée-Rhône (hereinafter “SPMR”). Takeover of the French oil pipeline that supplies the southeast of France with refined oil products Ardian is a French group that manages and advises investment funds and has interests in many companies around the world. In particular, it is active in the market for petroleum product storage services with the company Géosel-Manosque. On 14

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French Competition Authority, The French Competition Authority opens an investigation into the acquisition of an oil pipeline company by a private equity investment firm (SPMR / Ardian Group), 8 December 2020, e-Competitions December 2020, Art. N° 98316

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