Merger Notification - Announcement according to § 10 Cartel Act

General Electric Company Polska Sp. z o.o.; XEOS Sp. z o.o., ul.; Lufthansa Technik AG - BWB/Z-6066 | Bundeswettbewerbsbehörde

General Electric Company Polska Sp. z o.o.; XEOS Sp. z o.o., ul.; Lufthansa Technik AG

BWB/Z-6066

05.09.2022

On 02.09.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

General Electric Company Polska Sp. z o.o. intends to increase its shareholding in its currently  jointly controlled XEOS Sp. z o.o., Poland, and thereby acquire sole control over XEOS Sp. z o.o. 

The concentration concerns maintenance, repair and overhaul services. 

Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.09.2022.

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 01.10.2022 .

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