Merger Notification - Announcement according to § 10 Cartel Act
Geis Holding GmbH & Co KG; Augustin Quehenberger Group GmbH; Log Invest GmbH
BWB/Z-6272
On 11.05.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Geis Holding GmbH & Co. KG (Germany) intends to indirectly acquire a 66%-shareholding in and joint control over each of AUGUSTIN QUEHENBERGER GROUP GMBH (Austria) and Log Invest GmbH
(Austria). The other jointly controlling shareholder of the target undertakings will be Mr. Christian Fürstaller, who is AUGUSTIN QUEHENBERGER GROUP GMBH’s current CEO.
The Transaction concerns freight forwarding and transport services and contract logistics services.
Industry sector: H - Verkehr und Lagerei
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.06.2023.
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 10.06.2023 .