Merger Notification - Announcement according to § 10 Cartel Act
Kaprain Chemical Ltd.; Synthesia, a.s.
BWB/Z-6398
On 04.10.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Kaprain Chemical Ltd, Cyprus, a wholly-owned subsidiary of Kaprain Holdings Ltd., Cyprus, intends to acquire all shares of and sole control over Synthesia, a.s., Czech Republic, from Agrofert, a.s., Czech Republic.
Economic sector: C 20.1 Production of chemical base materials, fertilisers and nitrogen compounds, plastics in primary forms 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 02.11.2023.
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 03.11.2023 .