Merger Notification - Announcement according to § 10 Cartel Act
Hestia IV S.à r.l.; Elk Group S.à r.l.
BWB/Z-5719
On 21.10.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Hestia IV S.à r.l., Luxembourg, which is ultimately owned and controlled by Metric Capital Partners (Guernsey) LP Inc, intends to acquire a stake in Elk Group S.à r.l., Luxembourg, corresponding to 22.5% of the total share capital of and conferring joint control over Elk Group S.à r.l., Luxembourg, which is the parent company of the ELK group.
Business sector concerned: prefabricated houses
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.11.2021.
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 19.11.2021 .