Merger Notification - Announcement according to § 10 Cartel Act
Siemens Energy Electrolyzer Manufacturing GmbH; Siemens Energy Global GmbH & Co. KG; Air Liquide Global E&C Solutions Germany GmbH
BWB/Z-6036
On 10.08.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Air Liquide Global E&C Solutions Germany GmbH, Germany, an Air Liquide group company, intends to acquire a non-controlling minority shareholding of 25.1% of the shares in Siemens Energy Electrolyzer Manufacturing GmbH, Germany, a wholly owned subsidiary of Siemens Energy Global GmbH & Co. KG, Germany, a Siemens Energy group company. The seller will continue to hold the remaining 74.9% of the shares and will have sole control over the target company. The proposed transaction relates to the manufacture of components for electrolysis systems for the production of hydrogen gas.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.09.2022.
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 08.09.2022 .