Merger Notification - Announcement according to § 10 Cartel Act

BE Solution GmbH; NewMotoAsset GmbH - BWB/Z-6235 | Bundeswettbewerbsbehörde

BE Solution GmbH; NewMotoAsset GmbH

BWB/Z-6235

03.04.2023

On 31.03.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Die BE Solution GmbH (FN 577738s - a 100% subsidary of Burgenland Energie AG, FN 126805d) and NewMotoAsset GmbH (FN 506831s) intend to set a joint venture in the form of o "GmbH". The object of the joint venture shall be to provide mobility servieces in the form of rental subscription models for electri vehicles and the provision of fleet management services. NewMotoAsset GmbH will hold a 51% stake in the joint venture and BE Solution GmbH will hld a 49% stake.

Industry sector: N - Erbringung von sonstigen wirtschaftlichen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.04.2023.

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 29.04.2023 .

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