Merger Notification - Announcement according to § 10 Cartel Act
Dekra SE; PwC Deutschland
On 03.03.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
DEKRA SE, Stuttgard, Deutschland, PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Frankfurt am Main, Germany, and Innovationsstarter Fonds Hamburg GmbH, Hamburg GmbH, Germany, contemplate to establish a joint venture company for the provision of Testing, Inspection and Certification services for AI-based components of physical products. DEKRA SE PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft will each hold a participation of 48,72% in the joint venture.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
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 .