Merger Notification - Announcement according to § 10 Cartel Act
Yara Clean Ammonia Norge AS; North Sea Container Line AS
BWB/Z-6436
On 28.11.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Yara Clean Ammonia Norge AS, Norway, and North Sea Container Line AS, Norway, intend to establish a joint venture whereby Yara Clean Ammonia Norge AS will acquire 49% of the shares and corresponding voting rights of NCL Oslofjord AS, Norway, from North Sea Container Line AS, Norway.
Economic sector: Sea and coastal freight transportation services
Industry sector: H - Verkehr und Lagerei
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.12.2023.
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 28.12.2023 .