Merger Notification - Announcement according to § 10 Cartel Act
RHI Magnesita N.V.; P-D Group
BWB/Z-6346
On 16.08.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
RHI Magnesita N.V. (Austria & Netherlands) intends to (indirectly) acquire all shares and sole control of P-D Refractories GmbH (Germany), 86.79% of the shares and sole control of P-D Refractories CZ a.s. (Czech Republic) and the assets and liabilities relating to the refractory business of P-D Industriegesellschaft mbH’s (Germany) production plant in Wetro, Germany from P-D Management Industries-Technologies GmbH (Germany), JPD Stiftung (Germany) and P-D Industriegesellschaft mbH (Germany).
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.09.2023.
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 14.09.2023 .