Merger Notification - Announcement according to § 10 Cartel Act
DER Touristik Group GmbH; DR Hospitality GmbH & Co. KG
BWB/Z-6437
On 28.11.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
DER Touristik Group GmbH (Germany) intends to increase its existing indirect shareholding in DR Hospitality GmbH & Co. KG (Germany) and DR Hospitality Verwaltungsgesellschaft mbH (Germany) by indirectly acquiring an additional 24,9% of the shares and thus exclusive control.
Industry sector: I - Gastgewerbe/Beherbergung und Gastronomie
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 .