Merger Notification - Announcement according to § 10 Cartel Act
Aptiv Technologies GmbH; Intercable Automotive s.r.l.
BWB/Z-6100
On 05.10.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Aptiv Technologies Limited, Barbados, an indirect wholly owned subsidiary of Aptiv PLC, Jersey, intends to acquire at least 85% and up to 100% of the quota capital
in and sole control over Intercable Automotive Solutions s.r.l., Italy.
The transaction relates to manufacturing of electrical components for the automotive industry.
ÖNACE Code C 29.31 – Manufacture of electrical and electronic equipment for motor vehicles.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.11.2022.
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 03.11.2022 .