Merger Notification - Announcement according to § 10 Cartel Act
Waterland Private Equity Investments B.V.; V&S Group; AkkuSmart Energielösung GmbH; PMD Photovoltaik Montage GmbH; AKKU SYS Akkumulator- und Batterietechnik Austria GmbH
BWB/Z-6379
On 19.09.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Waterland Private Equity Investments B.V., Brediusweg 16, 1401AG Bussum, The Netherlands intends to indirectly acquire interests in the following companies in the following amounts respectively:
• AKKU SYS Akkumulator- und Batterietechnik Nord GmbH, Germany (100%); • V&S Vertriebs- und Service GmbH & Co. KG, Germany (100%); • V&S Verwaltungs GmbH, Germany (100%); • AkkuSmart Energielösung GmbH, Germany (100%); • PMD Photovoltaik Montage GmbH, Germany (66,7%); • AKKU SYS Akkumulator- und Batterietechnik Austria GmbH, Austria (74%).
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 17.10.2023.
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 18.10.2023 .