Merger Notification - Announcement according to § 10 Cartel Act

AV International GmbH; AVAG Holding SE; Autowelt Linz GmbH - BWB/Z-6267 | Bundeswettbewerbsbehörde

AV International GmbH; AVAG Holding SE; Autowelt Linz GmbH

BWB/Z-6267

05.05.2023

On 04.05.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Intended purchase of all shares in Autowelt Linz GmbH, FN 1750891i of Linz with the business adress 4030 Linz, Franzosenhausweg 33, by AV International GmbH, FN 260676y, Muthgasse 27, 1190 Wien, an affiliate company of AVAG Holding SE, HRb 26380, Amtsgericht Augsburg, Germany.

Concerned business sectors include trade in new Citroen, Volvo, Polestar (Polestar Agreement ends Dec, 30th  , 2023), Peugeot (Service only) und MAXUS motor vehicles, used cars, repair and service of motor vehicles, trade in parts of motor vehicles.

Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.06.2023.

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 03.06.2023 .

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