Merger Notification - Announcement according to § 10 Cartel Act
Investmentfonds MED III A S.L.P.; Proinnovera Gesellschaft für Beratung, Planung und Durchführung zur Entwicklung neuer pharmazeutischer Produkte mbH
BWB/Z-6410
On 19.10.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The investment fund MED III intends to acquire all shares in and sole control of the German company Proinnovera Gesellschaft für Beratung, Planung und Durchfuhrung zur Entwicklung neuerpharmazeutischer Produkte mbH. The transaction concerns contract research organization (CRO) services.
Industry sector: M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 16.11.2023.
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 17.11.2023 .