Merger Notification - Announcement according to § 10 Cartel Act

EnerCharge GmbH; Pfalzwerke Aktiengesellschaft; AAE-Hydro Solar GmbH; SPL Tele Group GmbH; ÖKOENERGIE Beteiligungs GmbH - BWB/Z-6431 | Bundeswettbewerbsbehörde

EnerCharge GmbH; Pfalzwerke Aktiengesellschaft; AAE-Hydro Solar GmbH; SPL Tele Group GmbH; ÖKOENERGIE Beteiligungs GmbH

BWB/Z-6431

24.11.2023

On 23.11.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

The concentration consists of the acquisition of around 23% of the shares in EnerCharge GmbH by PFALZWERKE AKTIENGESELLSCHAFT, which will give it joint control over EnerCharge upon implementation of the concentration - together with the existing shareholders AAE-Hydro Solar GmbH, SPL Tele Group GmbH and ÖKO-ENERGIE Beteiligungs GmbH.

ÖNACE Code: C.27.9 Manufacture of other electrical equipment.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 21.12.2023.

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 22.12.2023 .

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