Merger Notification - Announcement according to § 10 Cartel Act
Herno S.p.A.; NUO S.p.A.; Exor N.V.; Tasci s.r.l.
BWB/Z-5849
On 24.01.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Herno S.p.A. intends to acquire 55% and NUO S.p.A. intends to acquire the remaining 45% of the shares in and joint control over a newly incorporated company, to
which Tasci s.r.l. will confer the Montura Business.
Economic Sector: retail sale of wearing apparel
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 21.02.2022.
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 22.02.2022 .