Merger Notification - Announcement according to § 10 Cartel Act
EQT Fund Management S.à r.l. (EFMS); va-Q-tec
BWB/Z-6292
On 13.06.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
This transaction concerns the indirect acquisition by EQT Fund Management S.à r.l. (EFMS) of sole control over, and at least 65.91% of the shares in, va-Q-tec AG through Fahrenheit Ac-quiCo GmbH, Germany, an acquisition vehicle indirectly controlled by EFMS, as well as the acquisition by MIC LS Investments 1 RSC Ltd., United Arab Emirates, an indirectly wholly owned subsidiary of Mubadala Investment Company PJSC, of ca. 30% of the shares in an entity that is solely controlled by EFMS and forms part of the acquisition structure. The proposed transaction concerns (i) the production, letting and sale of temperature-controlled supply chain containers and boxes that are used for the delivery of temperature-sensitive goods, as well as (ii) the production and sale of thermal energy efficiency products.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.07.2023.
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 waived their right to apply for examination of the merger by the Cartel Court before the deadline. The standstill obligation (§ 17(1) Cartel Act) ends with effect from 30.06.2023 .