Merger Notification - Announcement according to § 10 Cartel Act
Autkap Privatstiftung; Invest Unternehmensbeteiligungs Aktiengesellschaft; Lorencic GmbH Nfg. & Co. KG; LO Baubedarfs GmbH
BWB/Z-5948
On 03.05.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Indirect acquisition of 100% of the shares in Lorencic GmbH Nfg. & Co KG and LO Baubedarfs GmbH by AUTKAP Privatstiftung, Invest Unternehmensbeteiligungs Aktiengesellschaft and DI Walter Peter Pacher as well as indirect acquisition of (negative) sole control over Lorencic GmbH Nfg. & Co KG and Lo Baubedarfs GmbH by Invest Unternehmensbeteiligungs Aktiengesellschaft.
The contemplated transaction concerns the trade in construction machinery, construction accessories and special construction materials to commercial enterprises in the construction and construction supply sector.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 31.05.2022.
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 01.06.2022 .