The European Commission's DG COMP issued a clearance decision for the CAPVEST/TSG merger (Case M.12380) on March 31, 2026, under Article 6(1)(b) of Council Regulation 139/2004. The Phase 1 review was completed in the super-simplified procedure, indicating no apparent competition concerns. The merging parties operate in general-purpose machinery manufacturing (NACE C.28.29), electrical installation (NACE F.43.21), computer programming (NACE K.62.1), and holding company activities (NACE L.64.2).

For compliance teams tracking this transaction, the provisional deadline for any further action is April 15, 2026. No remedies or conditions were imposed. If involved in these industrial sectors, no specific action is required as the merger has received unconditional clearance.