Merger M.12309: Eurazeo, Eiffel, Segula
Summary
The European Commission has approved the merger between Eurazeo, Eiffel, and Segula under Regulation (EC) No 139/2004. The decision was made on March 18, 2026, with a provisional deadline of March 31, 2026. The merger involves companies engaged in engineering activities and related technical consultancy.
What changed
The European Commission has issued a final decision approving the merger of Eurazeo, Eiffel, and Segula (Case M.12309) under Council Regulation (EC) No 139/2004. The decision, dated March 18, 2026, was made under Article 6(1)(b) of the regulation, indicating that the concentration does not raise competition concerns. The notification date was February 24, 2026, and the prior publication in the Official Journal was on March 5, 2026.
This approval signifies that the merger can proceed as planned. The provisional deadline of March 31, 2026, likely relates to any post-merger reporting or integration steps. Companies involved in engineering activities and technical consultancy should ensure all post-merger integration and reporting obligations are met by this date. No specific penalties for non-compliance are mentioned, but failure to adhere to merger conditions could result in future regulatory scrutiny.
What to do next
- Monitor post-merger integration requirements.
- Ensure compliance with any remaining reporting obligations by the provisional deadline.
Source document (simplified)
M.12309
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EURAZEO / EIFFEL / SEGULA
Companies: EURAZEO | EIFFEL | SEGULA Last decision date: 18.03.2026 Regulation: Council Regulation 139/2004 Notification date: 24.02.2026 Provisional deadline: 31.03.2026 Economic activities: N.71.12 - Engineering activities and related technical consultancy (NACE Rev. 2.1) Prior publication in OJ: OJEU C/2026/1377 of 05.03.2026 Decisions Art. 6(1)(b) of 18.03.2026 Press communication: MEX/26/654 Other case related information Description of the concentration of 24.02.2026: FR published on 26.02.2026
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