Merger Notification - Announcement according to § 10 Cartel Act
Farner International AG; The Skills Group GmbH
On 23.03.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Farner International AG (Switzerland), which is indirectly controlled by Waterland Private Equity Fund VIII C. V. (Netherlands), intends to indirectly acquire all shares in and thus sole control over
The Skills Group GmbH, datenwerk Innovationsagentur GmbH, digtialinsights.io gmbh und All Channels Communication Austria GmbH (all Austria). The proposed concentration concerns the
provision of public relations and communication activities and advertising.
ÖNACE Code: M 70.21 – Public relations and communication activities and M 73.1 - Advertising
Industry sector: M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.04.2023.
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 21.04.2023 .