Merger Notification - Announcement according to § 10 Cartel Act
Denzel-Konzern; Auto Pammer GmbH
BWB/Z-5965
On 19.05.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The Denzel Group acquires 100% of the shares in Auto Pammer GmbH through its group company Autohaus Beteiligungs GmbH.
The business activities of the Denzel Group and Auto Pammer GmbH are trading in motor vehicles and the operation of automotive workshops and related services.
The Denzel Group has a total of 22 operating locations throughout Austria, 17 of which are in Eastern Austria (Vienna, Lower Austria, Burgenland) and 2 in Carinthia (Klagenfurt). The Denzel Group's annual sales in 2021 amounted to EUR 811 million.
Auto Pammer GmbH has its only operating location in Klagenfurt (Carinthia); its annual sales in 2021 amounted to EUR 7.8 million.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 17.06.2022.
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 18.06.2022 .