Merger Notification - Announcement according to § 10 Cartel Act
C.O.I.M. S.p.A.; ATMOSA Petrochemie GmbH
BWB/Z-6382
On 19.09.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
C.O.I.M. Spa. (Italy) intends to increase its existing 50% controlling interest in “ATMOS” Petrochemie GmbH (Austria) to 100% by acquiring the remaining 50% of the shares. Following implementation of the merger, C.O.I.M. Spa. thus exercising sole control over “ATMOS” Petrochemie GmbH. The merger concerns the production and distribution of phthalic anhydride.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
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 .