Merger Notification - Announcement according to § 10 Cartel Act
SARIA International GmbH; TotalEnergies Raffinage Chimie
BWB/Z-6119
On 03.11.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
SARIA International GmbH, Germany, and TotalEnergies Raffinage Chimie, France, intend to establish two joint ventures: JV ecoMotion and JV GrandPuits. SARIA International GmbH will hold 50.1% of the shares in JV ecoMotion and 49.9% of the shares in JV GrandPuits and TotalEnergies Raffinage Chimie will hold 50.1% of the shares in JV GrandPuits and 49.9% of the shares in JV ecoMotion.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.12.2022.
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 02.12.2022 .