Merger Notification - Announcement according to § 10 Cartel Act
GELITA AG; RIGO Trading S.A.
BWB/Z-6532
On 21.03.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
GELITA AG, Eberbach, Germany, and RIGO Trading S.A., Luxembourg, intend to establish a joint venture for the research and development and potentially the production of gelatine of non-animal origin by means of biosynthesis. Gelita and H Group will each hold 50 % of the shares in the target company and will jointly control it.
Activity concerned: Manufacture of food products.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.04.2024.
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 19.04.2024 .