Merger Notification - Announcement according to § 10 Cartel Act

MPG GmbH (MPG); Dr. Michael Pachleitner Privatstiftung (PACHLEITNER PS); Invest Unternehmensbeteiligungs Aktiengesellschaft (INVEST AG); OptoInvest AG (OPTOINVEST) - BWB/Z-6340 | Bundeswettbewerbsbehörde

MPG GmbH (MPG); Dr. Michael Pachleitner Privatstiftung (PACHLEITNER PS); Invest Unternehmensbeteiligungs Aktiengesellschaft (INVEST AG); OptoInvest AG (OPTOINVEST)

BWB/Z-6340

11.08.2023

On 11.08.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Acquisition of joint control over MPG GmbH by Dr. Michael Pachleitner Privatstiftung and Invest Unternehmensbeteiligungs Aktiengesellschaft and indirect acquisition of (effectively) 97.3% of the shares in and sole control over OptoInvest AG by MPG GmbH.

 

The contemplated transaction concerns the production and refinement of ophthalmic lenses, the retail of optical products, services and eyewear and the wholesale of ophthalmic lenses, frames, sunglasses and contact lenses. 

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.09.2023.

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 09.09.2023 .

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