Merger Notification - Announcement according to § 10 Cartel Act

ITR Verwaltung GmbH; PLV Verwaltungs GmbH; IEL Eins Beteiligungs GmbH; IEL Zwei Beteiligungs GmbH - BWB/Z-6330 | Bundeswettbewerbsbehörde

ITR Verwaltung GmbH; PLV Verwaltungs GmbH; IEL Eins Beteiligungs GmbH; IEL Zwei Beteiligungs GmbH

BWB/Z-6330

27.07.2023

On 26.07.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Merger of ITR Verwaltungs GmbH, FN 525134 g, PLV Verwaltungs GmbH, FN 416476 s, IEL Eins Beteiligungs GmbH, FN 322366 v, and IEL Zwei Beteiligungs GmbH, FN 422271 m, through contributions and merger. 

Relevant industries: Production of electricity; Trade of electricity; Renting and operating of own or leased real estate; Other manufacturing n.e.c.; Manufacture of machinery for mining, quarrying and construction ;Other specialised wholesale

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren D - Energieversorgung, G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen, L - Grundstücks- und Wohnungswesen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 23.08.2023.

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 24.08.2023 .

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