Merger Notification - Announcement according to § 10 Cartel Act
Stefan Hipp; Sebastian Hipp; Hipp & Co und der Hipp Holding AG
BWB/Z-5873
On 11.02.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Indirect acquisition of 50 % of the shares in Hipp & Co and Hipp Holding AG by Stefan Hipp and Sebastian Hipp each.
Economic Sector: Manufacture of homogenized food preparations and dietetic food
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.03.2022.
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 12.03.2022 .