Merger Notification - Announcement according to § 10 Cartel Act
TowerBrook Capital Partners L.P.; Eurazeo SE; Efeso Gruppe
BWB/Z-6448
On 07.12.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
TowerBrook Capital Partners L.P., USA, intends to acquire more than 25 % of the shares in Electra Capital SAS ("Electra"), France, and all of its subsidiaries (the"Efeso Group"), and thus, will have joint control over Electra and the Efeso Group, together with its currently indirectly controlling shareholder Eurazeo SE.
Economic sector: Business and other management consultancy activities.
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 04.01.2024.
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 05.01.2024 .