Merger Notification - Announcement according to § 10 Cartel Act

L'Oréal S.A.; L'Oréal Australia Pty Ltd; Natura Brazil Pty Ltd (Holdinggesellschaft der Aesop-Gruppe) - BWB/Z-6269 | Bundeswettbewerbsbehörde

L'Oréal S.A.; L'Oréal Australia Pty Ltd; Natura Brazil Pty Ltd (Holdinggesellschaft der Aesop-Gruppe)

BWB/Z-6269

05.05.2023

On 05.05.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

L'Oréal S.A., France, intends to inquire indirectly all shares of and sole control over Natura Brazil Pty Ltd, the holding entity of the Aesop group. The concentration concerns beauty and personal care sector. 

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.06.2023.

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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