Merger Notification - Announcement according to § 10 Cartel Act
Röhm Holding GmbH; Saudi Basic Industries Corporation
BWB/Z-6231
On 28.03.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Röhm Holding GmbH, Germany, intends to acquire all the shares in the newly-founded holding companies, F&S Holding B.V., Netherlands, and F&S US LLC,
United States of America, and thus sole control over the polycarbonate sheets and films business of Saudi Basic Industries Corporation, Kingdom of Saudi-Arabia. The Proposed Transaction relates in particular to the production and supply of extrudedfilms and sheets made primarily from polycarbonate (PC)-based resins, copolymers, compounds and blends.
ÖNACE Code: C.20.1 Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.04.2023.
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.
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 26.04.2023 .