Merger Notification - Announcement according to § 10 Cartel Act
Investmentgesellschaft TJC LP; DELRIN Holding, Inc.
BWB/Z-6385
On 21.09.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
TJC LP (USA), indirectly through Derby Buyer LLC (USA), intends to acquire more than 80% of the shares in and sole control over DELRIN Holding, Inc. (USA) and its subsidiaries, a busi-ness unit of DuPont de Nemours, Inc. (USA).
The concentration concerns the production of polymer chemistry materials.
Affected industry: C.20.1 – Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.10.2023.
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 20.10.2023 .