Merger Notification - Announcement according to § 10 Cartel Act
PORR AG; PANNONIA Kiesgewinnung GmbH
BWB/Z-6502
On 02.02.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
PORR AG, Vienna, intends to acquire, indirectly via its subsidiaries PORR Bauindustrie GmbH and PORR Umwelttechnik GmbH, 100% of the shares in and sole control over
PANNONIA Kiesgewinnung GmbH, Gerasdorf.
Business sector concerned: Extraction of gravel; earth works; collection and disposal of construction waste; operation of landfills.
B - MINING AND QUARRYING E - WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES, F - CONSTRUCTION
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.03.2024.
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.
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 16.03.2024 .