Merger Notification - Announcement according to § 10 Cartel Act

Ardian France S.A.; Fonds Ardian Expansion Fund V S.L.P.; Financière Watt; Serma Group - BWB/Z-5987 | Bundeswettbewerbsbehörde

Ardian France S.A.; Fonds Ardian Expansion Fund V S.L.P.; Financière Watt; Serma Group

BWB/Z-5987

17.06.2022

On 17.06.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Ardian France S.A. (Paris, France) intends to indirectly acquire, through the fund Ardian Expansion Fund V S.L.P., sole control over Financière Watt and its subsidiary Serma Group (Pessac, France). The notified merger mainly concerns the engineering services sector. 

Industry sector: M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.07.2022.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 16.07.2022 .

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