Verdane Edda II (D) AB und Verdane Edda II (E) AB; FSN Capital GP VI Limited; Active Brands AS

On 28.02.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

FSN Capital GP VI Limited, acting for itself and in its capacity as general partner or portfolio manager (as applicable) for and on behalf of each of FSN Capital VI L.P., FSN Capital VI Invest L.P. and FSN Capital VI Lux SCSp., intends to indirectly acquire 62% of the shares in and sole control of Active Brands AS, Norway. The seller is FSN Capital IV Limited, acting in its capacity as general partner for and on behalf of each of FSN Capital IV L.P., FSN Capital IV (B) L.P. and FSN Capital IV Invest L.P. Verdane Edda II (D) AB and Verdane Edda II (E) AB and certain additional Verdane branded funds will indirectly acquire 38% of the shares in Active Brands AS. 
The transaction relates to outdoor sports apparel and equipment. 

Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.03.2022.

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.

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