Merger Notification - Announcement according to § 10 Cartel Act

ASP CPM Holdings LLC; American Securities LLC; Koch Equity Development LLC - BWB/Z-6457 | Bundeswettbewerbsbehörde

ASP CPM Holdings LLC; American Securities LLC; Koch Equity Development LLC

BWB/Z-6457

22.12.2023

On 22.12.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Koch Equity Development LLC, USA, an indirectly wholly-owned subsidiary of Koch Industries, Inc., USA, intends to acquire a non-controlling minority ownership through vesting capital in the amount of approximately 30% of ASP CPM Holdings LLC's outstanding preferred and common equity as of closing, which it will directly or indirectly hold post-closing. ASP CPM Holdings LLC, USA, is a holding company that indirectly controls a group of companies that does business under the name CPM. CPM is a global processing equipment, parts and systems provider.
Business sectors concerned: Manufacture of agricultural and forestry machinery, Manufacture of machinery for food, beverage and tobacco processing, Manufacture of machinery for textile, apparel and leather production (ÖNACE C 28.94), Manufacture of plastics and rubber machinery.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.01.2024.

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 20.01.2024 .

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