Merger Notification - Announcement according to § 10 Cartel Act
Kiesel GmbH; Vemcon GmbH
BWB/Z-6236
On 03.04.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Kiesel GmbH (Germany), notifies the acquisition of 35% of the shares in and sole control over Vemcon GmbH (Germany). The concentration concerns the development and design as well as
the sale of parts for construction machinery, the development, manufacture and sale of modified construction machinery and the sale of construction machinery(-accessories).
ÖNACE Code: Manufacture of machinery for mining, quarrying and construction; Wholesale of mining, construction and civil engineering machinery"
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.05.2023.
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 03.05.2023 .