Merger Notification - Announcement according to § 10 Cartel Act
home24 SE; Ideenreich Invest GmbH; Butlers Holding GmbH & Co. KG
BWB/Z-5848
On 21.01.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
home24 SE, Berlin, Germany, intends to acquire 100% of the shares in Ideenreich Invest GmbH and (directly and indirectly via Ideenreich Invest GmbH) 100% of the shares in Butlers Holding GmbH & Co. KG, both Cologne, Germany.
Activity concerned: Retail sale of furniture, furnishing and other household articles
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.02.2022.
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 19.02.2022 .