Merger Notification - Announcement according to § 10 Cartel Act
ETC-Gruppe; BTV Multimedia GmbH
BWB/Z-6207
On 24.02.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Jupiter Bidco GmbH (Germany), 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 BTV Multimedia GmbH (Germany).
Economic sector: Wholesale of information and communication equipment
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.03.2023.
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 25.03.2023 .