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Merger Notification - Announcement according to § 10 Cartel Act

Ernst & Young Advisory Services AnteilsverwaltungsgmbH; Denkstatt GmbH - BWB/Z-6467 | Bundeswettbewerbsbehörde

Ernst & Young Advisory Services AnteilsverwaltungsgmbH; Denkstatt GmbH

BWB/Z-6467

02.01.2024

On 02.01.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Ernst & Young Advisory Services AnteilsverwaltungsgmbH (Austria) intends to acquire 100 % of the shares in and sole control over Denkstatt GmbH (Austria).

The notified merger concerns the provision of management consultancy services.
ÖNACE-Code: M 70.22 – Management consultancy activities.

M - REAL ESTATE ACTIVITIES

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.01.2024.

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 31.01.2024 .

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