Merger Notification - Announcement according to § 10 Cartel Act
Abu Dhabi Investment Authority; Advent International Corporation; INNIO Group Holding GmbH
BWB/Z-6248
On 17.04.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Luxinva S.A., Luxembourg, an investment vehicle ultimately owned and controlled by the Abu Dhabi Investment Authority, Abu Dhabi, UAE, intends to indirectly acquire a non-controlling interest of more than 25% of the shares and votes in INNIO Group Holding GmbH.
Economic sector: Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.05.2023.
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 16.05.2023 .