Merger Notification - Announcement according to § 10 Cartel Act
LL-ressources GmbH; Afarak Group SE
BWB/Z-6299
On 28.06.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Afarak Group SE, Finland, intends to acquire all shares in LL-resources GmbH, Austria.
The concentration concerns primarily the manufacturing and distribution of ferro alloys, in particular ultra-low-carbon and low-carbon ferrochrome as well as ferrotitanium used in in the premium quality steel production, and the manufacturing
and distribution of secondary aluminium products, which partly can be also used in the steel production.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 26.07.2023.
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 not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 27.07.2023 .