Merger Notification - Announcement according to § 10 Cartel Act
Crown Bidco B.V.; Otto Cosmetic GmbH
BWB/Z-5834
On 30.12.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Crown Bidco B.V., Netherlands, a portfolio company of 3i Group plc, United Kingdom, intends to acquire 70% of the shares in and sole control over Otto Cosmetic
GmbH, Germany.
The transaction relates to contract manufacturing and bottling of personal care products.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.01.2022.
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 28.01.2022 .