Merger Notification - Announcement according to § 10 Cartel Act
EQT Fund Management S.à r.l.; Mubadala Investment Company PJSC; va-Q-tec AG
BWB/Z-6202
On 17.02.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
This transaction concerns the indirect acquisition by EQT Fund Management S.à r.l. (EFMS) of sole control over, and at least 65.91% of the shares in, va-Q-tec AG through Fahrenheit AcquiCo GmbH, Germany, an acquisition vehicle indirectly controlled by EFMS, as well as the acquisition by MIC LS Investments 1 RSC Ltd., United Arab Emirates, an indirectly wholly owned subsidiary of Mubadala Investment Company PJSC, of ca. 30% of the shares in an entity that is solely controlled by EFMS and forms part of the acquisition structure.
The proposed transaction concerns (i) the production, letting and sale of temperature-controlled supply chain containers and boxes that are used for the delivery of temperature-sensitive goods,
as well as (ii) the production and sale of thermal energy efficiency products.
Affected industry: Manufacture of non-domestic cooling and ventilation equipment.
Update as of the 16th of March, 2023: Extension of the examination's time period by two weeks (31st of March, 2023) pursuant to § 11 (1a) of the Federal Cartel Act.
Update as of the 21st of March, 2023: Withdrawl of the notification
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 31.03.2023.
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.