Merger Notification - Announcement according to § 10 Cartel Act
Authentic Brands Group LLC; Boardriders Inc.
BWB/Z-6259
On 27.04.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Planned acquisition of indirect sole control of Boardriders Inc., (USA) by Authentic Brands Group LLC, (USA).
Fields of activity and NACE-Code: inter alia, Manufacture of other wearing apparel and accessories, Retail sale of clothing in specialised stores; Manufacture of footwear, Retail sale of footwear and leather goods in
specialised stores;
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 25.05.2023.
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 26.05.2023 .