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Merger Notification - Announcement according to § 10 Cartel Act

Krones AG; NETSTAL Maschinen AG - BWB/Z-6508 | Bundeswettbewerbsbehörde

Krones AG; NETSTAL Maschinen AG

BWB/Z-6508

15.02.2024

On 14.02.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Krones AG (Neutraubling / Germany) intends to acquire all of the shares in and sole control of NETSTAL Maschinen AG (Näfels / Switzerland). The merger concerns injection moulding machines.

C - MANUFACTURING

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.03.2024.

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 14.03.2024 .

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