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Antin / Groupe Belambra Merger Notification Under Simplified Procedure

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Summary

The European Commission received notification on 8 April 2026 of Antin Infrastructure Partners' proposed acquisition of sole control of Groupe Belambra (Case M.12384). Antin is a French private equity firm specializing in infrastructure investment active in Europe and North America. Groupe Belambra operates tourist residences, resort villages, and hotels exclusively in France. The Commission finds the transaction could fall within the EU Merger Regulation and invites third-party observations within 10 days of publication.

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What changed

The Commission published prior notification of a proposed concentration whereby Antin Infrastructure Partners S.A.S. (France) will acquire sole control of Groupe Belambra (France) through share purchase. The transaction was notified pursuant to Article 4 of Council Regulation (EC) No 139/2004 (EU Merger Regulation).\n\nAffected parties are companies involved in mergers and acquisitions within the EU, particularly those in the leisure tourism and infrastructure investment sectors. The notification is a procedural step in the EU merger review process—the Commission inviting third-party observations within 10 days of publication. It does not impose compliance obligations but flags the transaction for public scrutiny. Entities with relevant market knowledge may submit observations to the Commission's Merger Registry.

Archived snapshot

Apr 20, 2026

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Prior notification of a concentration (Case M.12384 – ANTIN / GROUPE BELAMBRA) – Candidate case for simplified procedure

PUB/2026/431

OJ C, C/2026/2313, 20.4.2026, ELI: http://data.europa.eu/eli/C/2026/2313/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

ELI: http://data.europa.eu/eli/C/2026/2313/oj

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| | Official Journal
of the European Union | EN

C series |

| | C/2026/2313 | 20.4.2026 |
Prior notification of a concentration

(Case M.12384 – ANTIN / GROUPE BELAMBRA)

Candidate case for simplified procedure

(Text with EEA relevance)

(C/2026/2313)

1.

On 8 April 2026, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1). This notification concerns the following undertakings:

| — | Antin Infrastructure Partners S.A.S (‘Antin’, France), |

| — | Groupe Belambra (France), currently controlled by Clipper Group S.A.S. (France). |
Antin will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Groupe Belambra.

The concentration is accomplished by way of purchase of shares.

2.

The business activities of the undertakings concerned are the following:
| — | Antin is an independent private equity company that specialises in infrastructure investment and is active mainly in Europe and North America, |

| — | Groupe Belambra is active exclusively in France in the leisure tourism sector and operates tourist residences, resort villages and hotels. |
3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2), it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission. Observations must reach the Commission no later than 10 days following the date on which this notification is published. The following reference should always be specified:

M.12384 – ANTIN / GROUPE BELAMBRA

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

| European Commission |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (‘the Merger Regulation’).

(2) OJ C 160, 5.5.2023, p. 1.

ELI: http://data.europa.eu/eli/C/2026/2313/oj

ISSN 1977-091X (electronic edition)

Top

Named provisions

Article 4 Notification Simplified Procedure Notice

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Last updated

Classification

Agency
EC DG Competition
Published
April 20th, 2026
Comment period closes
April 30th, 2026 (10 days)
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
C/2026/2313
Docket
M.12384

Who this affects

Applies to
Investors Public companies Financial advisers
Industry sector
5239 Asset Management
Activity scope
Merger notification Merger review Third-party comments
Geographic scope
European Union EU

Taxonomy

Primary area
Antitrust & Competition
Operational domain
Legal
Compliance frameworks
Dodd-Frank
Topics
International Trade Corporate Governance

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