Merger Notification - Announcement according to § 10 Cartel Act
sappho fünfundsechtigste Holding GmbH; Invision VI Group; Invision AG; eduPRO Group GmbH
BWB/Z-5956
On 09.05.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Invision VI Limited Partnership und Invision VI SCSp, ultimately controlled by Invision AG, intend to acquire through sappho fünfundsechzigste Holding GmbH, sole control and 61.708% of the shares in eduPRO Group GmbH, which is a holding company of a group of undertakings active in the field of advanced training, further qualification and adult education with a focus on measures leading to vocational qualification.
Business sector concerned: Other education n.e.c.
Industry sector: P - Erziehung und Unterricht
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.06.2022.
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 08.06.2022 .