Merger Notification - Announcement according to § 10 Cartel Act
The Sherwin-Williams Company; SIC Holding GmbH
BWB/Z-6125
On 10.11.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The Sherwin-Williams Company, USA, inteds to acquire all shares in SIC Holding GmbH, intends to acquire all shares in SIC Holding GmbH, Germany, and thereby also control of SIC Holding GmbH´s subsidiaries Klumpp Coatings GmbH, Germany, and Oskar Nolte GmbH, Germany.
The concentration concerns the development and manufacturing of industrial woo coatings.
Business sector concerned: Manufacture of paints, printing inks and putties.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.12.2022.
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 10.12.2022 .