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Merger Notification - Announcement according to § 10 Cartel Act

Viessmann Group GmbH & Co KG; aqotec Holding GmbH - BWB/Z-6536 | Bundeswettbewerbsbehörde

Viessmann Group GmbH & Co KG; aqotec Holding GmbH

BWB/Z-6536

28.03.2024

On 28.03.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Viessmann Group GmbH & Co KG intends to increase its (indirect) participation in aqotec Holding GmbH from 49,9 % to a shareholding corresponding to 70 % of the share capital and to obtain sole control. aqotec Holding GmbH is a holding company of a group of companies operating in the field of local and district heating technology. 

C - MANUFACTURING F - CONSTRUCTION

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.04.2024.

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 26.04.2024 .

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