Merger Notification - Announcement according to § 10 Cartel Act
Raiffeisen Immobilien Bauträger GmbH; SARCA GmbH & Co KG Group
BWB/Z-6351
On 23.08.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Acquisition of 100% of the shares and control of SARCA eins GmbH & Co KG and SARCA zwei GmbH & Co KG by Raiffeisen Immobilien Bauträger GmbH
Affected line of business: Acquisition and sale, rental, leasing, mediation and administration of land, buildings and apartments.
Industry sector: L - Grundstücks- und Wohnungswesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.09.2023.
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 21.09.2023 .