Merger Notification - Announcement according to § 10 Cartel Act

H.I.G. Europe Capital Partners III; IPG S.r.l. - BWB/Z-6104 | Bundeswettbewerbsbehörde

H.I.G. Europe Capital Partners III; IPG S.r.l.



On 10.10.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

H.I.G. Europe Capital Partners III, L.P., USA, intends to indirectly acquire more than 50 % of the shares in and sole control over IPG S.r.l., Italy.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.11.2022.

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 08.11.2022 .

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