Merger Notification - Announcement according to § 10 Cartel Act

Ampersand Management LLC; Gallus Super Topco Limited - BWB/Z-5865 | Bundeswettbewerbsbehörde

Ampersand Management LLC; Gallus Super Topco Limited

BWB/Z-5865

07.02.2022

On 07.02.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Ampersand 2018 Limited Partnership and Ampersand 2020 Limited Partnership (both Wellesley, Massachusetts, United States), each being managed by Ampersand Management LLC (Wellesley, Massachusetts, United States), intend to acquire, indirectly through Ampersand Specialty Chemicals LLC (Wilmington, Delaware, United States), approximately 35.25% of the shares in Gallus Super Topco Limited (St Helier, Jersey), a holding company that indirectly holds (or will hold by the time of closing) a majority of the shares of, and exercises control over, Biosynth Beteiligungs AG (Staad, Switzerland), the top holding company of Biosynth Carbosynth group. 

The notified transaction concerns the chemical and pharmaceutical industry.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.03.2022.

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 08.03.2022 .

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