Merger Notification - Announcement according to § 10 Cartel Act

RLB Beteiligungs- und Treuhandgesellschaft m.b.H.; EOSS Industries Holding GmbH; Solana Renewable Technologies GmbH - BWB/Z-6181 | Bundeswettbewerbsbehörde

RLB Beteiligungs- und Treuhandgesellschaft m.b.H.; EOSS Industries Holding GmbH; Solana Renewable Technologies GmbH

BWB/Z-6181

18.01.2023

On 17.01.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Acquisition of 49% of the shares in and obtaining joint control over Solana Renewable Technologies GmbH by RLB Beteiligungs- und Treuhandgesellschaft m.b.H., a subsidiary of Raiffeisen-Landesbank Steiermark AG together with EOSS Industries Holding GmbH.

Economic sector(s) concerned: Planning, construction and operation of photovoltaic systems.

Industry sector: F - Baugewerbe/Bau

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 14.02.2023.

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 15.02.2023 .

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