Merger Notification - Announcement according to § 10 Cartel Act

Armacell International S.A.; AUSTROFLEX Rohr – Isoliersysteme GmbH - BWB/Z-6031 | Bundeswettbewerbsbehörde

Armacell International S.A.; AUSTROFLEX Rohr – Isoliersysteme GmbH

BWB/Z-6031

08.08.2022

On 08.08.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Armacell International S.A. (Capellen, Luxembourg), a company ultimately controlled by PAI Partners (Paris, France), intends to acquire all shares in, and thus sole control of, AUSTROFLEX Rohr – Isoliersysteme GmbH (Gödersdorf, Austria). The concentration relates to the manufacture of pre-insulated pipes and the distribution of installation products.
Economic sectors:  Manufacture of plastic plates, sheets, tubes and profiles;  Wholesale of hardware, plumbing and heating equipment and supplies

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.09.2022.

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 06.09.2022 .

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