Merger Notification - Announcement according to § 10 Cartel Act
APC1 Holding SAS; Bpifrance; Crouzet TopHolding SAS
BWB/Z-5966
On 20.05.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
APC1 Holding SAS, France, indirectly controlled by Tikehau Capital SCA, France, intends to indirectly acquire sole control of Crouzet TopHolding SAS, France. Alongside Tikehau Capital, funds managed by Bpifrance Investissement, France, a company of Caisse des Dépots et Consignations, France, will indirectly acquire a non-controlling minority shareholding exceeding 25% in Crouzet TopHolding.
The proposed transaction relates to the production and supply of mechatronic components.
ÖNACE Code: C 26.11-0 Production of electronic component.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
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 .