Merger Notification - Announcement according to § 10 Cartel Act

Equistone Partners Europe Ltd; TIMETOACT GROUP GmbH - BWB/Z-5934 | Bundeswettbewerbsbehörde

Equistone Partners Europe Ltd; TIMETOACT GROUP GmbH

BWB/Z-5934

14.04.2022

On 14.04.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Equistone Partners Europe Ltd, United Kingdom, intends to indirectly acquire, via TIMETOACT Group GmbH, Germany, all shares in and sole control over catWorkX Gesellschaft für Informations- und Kommunikationstechnologien mbH, Germany, catworkx AG, Switzerland, and catWorkX GmbH, Austria.

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.05.2022.

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 13.05.2022 .

back to list