Merger Notification - Announcement according to § 10 Cartel Act
ArcelorMittal Downstream Solutions Holding s.à r.l.; Italpannelli Ibérica S.A.
BWB/Z-6487
On 22.01.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
ArcelorMittal Downstream Solutions Holding s.à r.l. (Luxembourg) intends to acquire, 100% of the share capital of each of Italpannelli S.r.l. (Italy) and of Italpannelli Ibérica S.A. (Spain). The target
undertakings are active in the production and distribution of sandwich panels.
The Transaction concerns the following economic activities: Manufacture of fabricated metal products, except machinery and equipment.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.02.2024.
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 20.02.2024 .