Merger Notification - Announcement according to § 10 Cartel Act
Miele Beteiligungs-GmbH; Metall Zug AG
BWB/Z-6483
On 19.01.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Miele Beteiligungs-GmbH, a member of the Miele group, Germany, and Metall Zug AG, Switzerland, intend to create a joint venture to which Miele Beteiligungs-GmbH indirectly contributes its indirect subsidiary International Steelco S.p.A, and Metall Zug AG contributes its subsidiaries Belimed AG and Belimed Life Science AG. Miele intends to indirectly acquire 67% of the shares of and sole control over the joint venture and Metall Zug intends to acquire 33% of the shares of 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 01.03.2024.
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.
On 09.02.2024 the applicant requested the extension of the deadline for the submission of an application for examination by two weeks, pursuant to § 11 (1a) Cartel Act. The deadline for the submission of an application for examinations by the administrative authorities is extended by two weeks, thus ending on 01.03.2024.