Merger Notification - Announcement according to § 10 Cartel Act
IK SC III Master Luxco S à r.l.; SAT
BWB/Z-6520
On 28.02.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
IK SC III Master Luxco S à r.l., a Luxembourg-based subsidiary of the Luxembourg IK SC III Fund. which is managed by IK Investment Partners AIFM, Luxembourg, intends to acquire indirectly a majority shareholding in and sole control over Schwingshandl automation technology GmbH, Austria. The notified merger concerns the desing, engineering, assembly and distrubtion of intralogistics automation solutions.
ÖNACE-Code: Manufacture of lifting and handling equipment.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.03.2024.
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 28.03.2024 .