Merger Notification - Announcement according to § 10 Cartel Act

Granit Holding GmbH; Stvarnik Bau-Gesellschaft m.b.H. - BWB/Z-6246 | Bundeswettbewerbsbehörde

Granit Holding GmbH; Stvarnik Bau-Gesellschaft m.b.H.

BWB/Z-6246

17.04.2023

On 14.04.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

GS Bau GmbH (sharholders: Granit Holding GmbH 85% and Ing. Michael Stvarnik 15%) intends to take over the opernational activities of Stvarnik Bau-Gesellschaft m.b.H. in the construction sector. 

 

Industry sector: F - Baugewerbe/Bau

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.05.2023.

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 13.05.2023 .

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