Merger Notification - Announcement according to § 10 Cartel Act

Semperit Aktiengesellschaft Holding; RICO Group GmbH - BWB/Z-6277 | Bundeswettbewerbsbehörde

Semperit Aktiengesellschaft Holding; RICO Group GmbH

BWB/Z-6277

17.05.2023

On 17.05.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Semperit Aktiengesellschaft Holding, Austria, intends to acquire 100% of the shares in and thus sole control over RICO Group GmbH, Austria, and thereby indirectly 100% of the shares in and sole control over RICO - Elastomere Projecting GmbH, Austria, SILCOPLAST AG, Switzerland, SIMTEC Silicone Parts, LLC, USA, and Härtereitechnik Rosenblattl GmbH, Austria.
The proposed transaction concerns the processing of silicone. ÖNACE Code 22.29 - Manufacture of other plastic products

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 14.06.2023.

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 15.06.2023 .

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