Merger Notification - Announcement according to § 10 Cartel Act
Designa-Axess Industries Holding GmbH; Axess Beteiligungs GmbH
BWB/Z-6211
On 03.03.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Designa-Axess Industries Holding GmbH, Anif/Salzburg, a subsidiary of ECO Trust Holding GmbH, Vienna, intends to purchase and acquire a total of 73.0287% of the
shares in Axess Beteiligungs GmbH, Koppl/Salzburg, from the shareholders Ing. Wolfram Kocznar (36.1795%), Robert Gruber (19.6116%), Eduard Wallner (7.2376%) and Wolfgang Hoffmann (10.0% in total), whereby Wolfgang Hoffmann holds the shares in trust for Danilo Poda (4.5%), Hans-Peter Demling (3.0%) and Maurice Zinniger (2.5%). Designa-Axess Industries Holding GmbH holds 64.80% and Axess Be-teiligungs GmbH 35.20% of Axess AG, Anif/Salzburg. This planned merger concerns the activities of holding companies.
In a second, subsequent step the remaining shareholders Christian Windhager (23.9713%) and Oliver Suter (3.0%) will each transfer their share in Axess Be-teiligungs GmbH, Koppl/Salzburg, to Designa-Axess Industries Holding GmbH, Anif/Salzburg, and in return each receive a share in Designa-Axess Industries Holding GmbH. These shares held by Christian Windhager and Oliver Suter in Designa-Axess Industries Holding GmbH will be together less than 10%.
Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 31.03.2023.
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 01.04.2023 .