Merger Notification - Announcement according to § 10 Cartel Act
ETC-Gruppe; TIBA Produktions- & Vertriebsges GmbH
BWB/Z-6135
On 25.11.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Financière LCCIS (France), a company indirectly controlled by the Seventh Cinven Fund, managed by its General Partner Cinven Capital Management (VII) General Partner Limited (Guernsey), intends to indirectly acquire all shares in and sole control over TIBA Produktions- & Vertriebsges GmbH (Austria).
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 23.12.2022.
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 24.12.2022 .