Merger Notification - Announcement according to § 10 Cartel Act

Topsoe Project Investment AS; Sasol Investment Company (Pty) Limited - BWB/Z-6358 | Bundeswettbewerbsbehörde

Topsoe Project Investment AS; Sasol Investment Company (Pty) Limited

BWB/Z-6358

01.09.2023

On 01.09.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Topsoe Project Investment A/S, Denmark, and Sasol Investment Company (Pty) Limited, South Africa, intent to create two joint ventures, where both undertakings will hold 50% of the share capital and associated rights. 

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.09.2023.

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 02.10.2023 .

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