Merger Notification - Announcement according to § 10 Cartel Act
Intermediate Capital Group plc; Productos Sur, S.A.U.
BWB/Z-6584
On 21.05.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The notified concentration consists of the proposed acquisition by ultimately Intermediate Capital Group plc (UK), indirectly through a Special Purpose Vehicle company to be created (the „Deal SPV“), over Productos Sur, S.A.U, (Murcia, Spain) through acquisition of 25 % shares and joint control. The transaction concerns the production and supply of food ingredients and additives from a natural origin.
C - MANUFACTURING G - WHOLESALE AND RETAIL TRADE
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.06.2024.
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 19.06.2024 .