Merger Notification - Announcement according to § 10 Cartel Act

Paul Bauder GmbH & Co. KG; Sita Bauelemente GmbH, Craemer Holding GmbH, Sita Beteiligungsgesellschaft mbH & Co. KG - BWB/Z-5839 | Bundeswettbewerbsbehörde

Paul Bauder GmbH & Co. KG; Sita Bauelemente GmbH, Craemer Holding GmbH, Sita Beteiligungsgesellschaft mbH & Co. KG

BWB/Z-5839

11.01.2022

On 10.01.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

The notified transaction concerns the acquisition of one third of the shares and the voting rights in Sita Bauelemente GmbH, Germany, from its current 50% shareholders Creamer Holding GmbH, Germany and Sita Beteiligungsgesellschaft mbH & Co. KG, Germany, by Paul Bauder GmbH & Co. KG, Germany. 

Fields of activity: Other manufacturing n.e.c. 

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.02.2022.

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 08.02.2022 .

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