Merger Notification - Announcement according to § 10 Cartel Act
Villeroy & Boch AG; Ideal Standard MENA Midco Limited
BWB/Z-6416
On 07.11.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Villeroy & Boch AG, Germany, intends to indirectly acquire 100% of the shares of and sole control over each of Ideal Standard MENA Midco Limited, Gibraltar, Ideal Standard International N.V., Belgium, Ideal Standard Holdings (BC) Italy S.r.l., Italy, and Ideal Standard Holdings (BC) Germany GmbH, Germany, from Ideal Standard International S.A. (Luxembourg), Luxembourg, Ideal Standard International Holdings S.à.r.l. (Luxembourg), Luxembourg, and Ideal Standard International (German Holdco) S.à.r.l. (Luxembourg), Luxembourg.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.12.2023.
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 06.12.2023 .