Merger Notification - Announcement according to § 10 Cartel Act
Qatar Holding LLC; AIT Parent LP; AIT GP, LLC
BWB/Z-5875
On 14.02.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Indirect acquisition of a non-controlling participation of approximately 27% in respectively AIT Parent LP and AIT GP, LLC, both Plano, Texas, USA by Qatar Holding LLC, Doha, Qatar.
Affected industry: Automation, factory integration and tooling solutions. Manufacture of other machinery for other specific industries not otherwise specified.”
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 14.03.2022.
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 15.03.2022 .