Merger Notification - Announcement according to § 10 Cartel Act

Cube Bidco, Inc.; CIRCOR International, Inc. - BWB/Z-6321 | Bundeswettbewerbsbehörde

Cube Bidco, Inc.; CIRCOR International, Inc.

BWB/Z-6321

13.07.2023

On 13.07.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Cube BidCo, Inc., a special purpose vehicle indirectly wholly-owned by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of KKR & Co. Inc., intends to acquire 
100% of the issued and outstanding shares of common stock and thereby sole control over CIRCOR International, Inc. The concentration concerns the production and wholesale of pumps and valves as well as other components. 

ÖNACE Code: C 28.13 – Manufacture of other pumps and compressors

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 10.08.2023.

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 11.08.2023 .

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