Merger Notification - Announcement according to § 10 Cartel Act

Daikin Industries, Ltd.; Duplomatic MS S.p.A - BWB/Z-5952 | Bundeswettbewerbsbehörde

Daikin Industries, Ltd.; Duplomatic MS S.p.A

BWB/Z-5952

05.05.2022

On 05.05.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Daikin Industries, Ltd., Japan ("Daikin"), will acquire 100 % of the shares in Duplomatic MS S.p.A., Italy ("DMS"), so that Daikin will have sole control over DMS
and own 100 % of DMS's corporate capital.
Economic Sector: Manufacture of hydraulic and pneumatic components and systems

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.06.2022.

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 03.06.2022 .

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