Merger Notification - Announcement according to § 10 Cartel Act
Kingspan Insulation ApS; of TreeTops ApS
BWB/Z-6360
On 01.09.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Kingspan Insulation ApS (Roskilde / Denmark) intends to acquire more than 50% of the share capital of and sole control over TreeTops ApS (Vamdrup / Denmark). The concentration concerns the distribution of wood based acoustic ceiling and wall panels.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.09.2023.
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 02.10.2023 .