Merger Notification - Announcement according to § 10 Cartel Act
UVEX Group; SCOTT Group; HKS Band GmbH
BWB/Z-6306
On 04.07.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
UVEX WINTER HOLDING GmbH & Co. KG (Fürth / Germany), intends to indirectly acquire more than 25% of the shares in and joint control over HKS Band GmbH (Lustenau / Austria) together with SCOTT
Sports SA (Givisiez / Switzerland) and SCOTT GmbH (Mattighofen / Austria). The proposed transaction concerns the development and production of elastic straps for ski googles, work safety goggles and mo-
torbike goggles.
Industry sector: Manufacture of visual aids and parts thereof
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.08.2023.
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 02.08.2023 .