Merger Notification - Announcement according to § 10 Cartel Act
KARNERTA GmbH; Bäuerliche Vermarktung Kärntner Fleisch registrierte Genossenschaft mit beschränkter Haftung; BVK Fleisch GmbH
BWB/Z-5402
On 05.05.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
KARNERTA GmbH intends to directly acquire 50% of the shares of BVK Fleisch GmbH. Upon completion of the planned transaction, KARNERTA GmbH will exercise joint control over BVK Fleisch GmbH together with Bäuerliche Vermarktung Kärntner Fleisch registrierte Genossenschaft mit beschränkter Haftung. In addition, KARNERTA GmbH intends to directly acquire and integrate the HORECA customer base of Bäuerliche Vermarktung Kärntner Fleisch registrierte Genossenschaft mit beschränkter Haftung.
The contemplated transactions concern the production and distribution of beef/veal and pork (fresh and frozen) and processed meat.
Industry sectors: Manufacturing; Wholesale and retail trade
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.06.2021.
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 03.06.2021 .