Merger Notification - Announcement according to § 10 Cartel Act
Wieland-Werke AG; Totall Metal Recycling, Inc.; Top Brass, LLC
BWB/Z-5914
On 31.03.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Wieland-Werke AG (Germany) intends to acquire indirectly, through its subsidiary Wieland North America Recycling, LLC (USA), all shares in and thereby sole control
over Totall Metal Recycling, Inc. (USA) and Top Brass, LLC (USA).
The concentration concerns the market for copper products.
ÖNACE Code: Copper production; Wholesale of waste and scrap
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.04.2022.
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 29.04.2022 .