MKS PAMP / SOLIT Merger Non-Opposition Decision

EUROPEAN COMMISSION DG Competition Case M.12351 - MKS PAMP / SOLIT Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 18/03/2026 In electronic form on the EUR-Lex website under document number 32026M12351

EUROPEAN COMMISSION Brussels, 18.3.2026 C(2026) 1962 final PUBLIC VERSION MKS PAMP Group Limited 103 Cannon Street EC4N 5AG London United Kingdom Subject: Case M.12351 – MKS PAMP / SOLIT Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 () and Article 57 of the Agreement on the European Economic Area () Dear Sir or Madam, (1) On 13 February 2026, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, by which MKS PAMP Group Limited (‘MKS PAMP’, incorporated in Guernsey, with a place of business in the UK) will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of SOLIT Group AG (‘SOLIT Group’, Switzerland). The concentration is accomplished by way of purchase of shares. () (2) The business activities of the undertakings concerned are the following: – MKS PAMP is active globally in the manufacturing, refining, minting, trading, wholesale and retail distribution of precious metals, including gold and silver. Its activities primarily focus on business customers, but also include ancillary treasury and commodity trading services, as well as secure storage. In the European Economic Area, MKS PAMP Group also offers limited physical retail trade solutions to end customers. – SOLIT Group is active in the trading of precious metals, including gold and silver, with a focus on retail trade of precious metals, including through Business-to-Business-to-Consumer distribution. Its activities include online and in-store sales, wholesale supply to other precious metal dealers, () OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology of the TFEU will be used throughout this decision. () OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’). () OJ C, C/2026/1246, 25.2.2026.

investment products linked to precious metals and independent storage services. SOLIT Group’s activities are primarily focused on Germany, Austria, and Switzerland. (3) After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(d) of the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004. () (4) For the reasons set out in the Notice on a simplified treatment, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement. For the Commission (Signed) Linsey MCCALLUM Director-General (acting) Directorate-General for Competition () OJ C 160, 5.5.2023, p. 1 (the ‘Notice on a simplified treatment’).