Merger Notification - Announcement according to § 10 Cartel Act

Yıldırım International Investment Holding B.V.; Petrokemija d.d. - BWB/Z-6148 | Bundeswettbewerbsbehörde

Yıldırım International Investment Holding B.V.; Petrokemija d.d.

BWB/Z-6148

14.12.2022

On 14.12.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Yıldırım International Investment Holding B.V., Amstelveen, The Netherlands, intends to (indirectly) acquire 54.52 % of the shares in and sole control over Petrokemija d.d., Kutina, Croatia.
Affected industry:  Manufacture of fertilisers and nitrogen compounds

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.01.2023.

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 12.01.2023 .

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