Merger Notification - Announcement according to § 10 Cartel Act

Farner International AG; KobMedia Beteiligungs GmbH - BWB/Z-6123 | Bundeswettbewerbsbehörde

Farner International AG; KobMedia Beteiligungs GmbH

BWB/Z-6123

09.11.2022

On 08.11.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Farner International AG (Switzerland), which is indirectly controlled by Waterland Private Equity Fund VIII C. V. (Netherlands), intends to indirectly acquire all shares in and thus sole control over KobMedia Beteiligungs GmbH (Austria). The proposed concentration concerns the provision of advertising and marketing communication services, video, TV and multimedia production. 

ÖNACE Code:  Advertising agencies and  Motion picture, video and television programme production services.

Industry sector: J - Information und Kommunikation M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 06.12.2022.

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 07.12.2022 .

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