Merger Notification - Announcement according to § 10 Cartel Act
KPS Capital Partners, LP; Tate & Lyle PLC
BWB/Z-5615
On 13.08.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
KPS Capital Partners, LP, USA, intends to indirectly acquire approx. 50.1 % of the shares in and sole control over the Primary Products business in North America and Latin America of Tate & Lyle PLC, UK.
Economic Sector: Manufacture of grain mill products, starches and starch products
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 10.09.2021.
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 11.09.2021 .