Merger Notification - Announcement according to § 10 Cartel Act
Mutares SE & Co. KGaA; KmB Technologie GmbH
BWB/Z-6601
On 31.05.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Acquisition of 100% of the shares in and sole control of KmB Technologie GmbH, Germany, by FERRAL United GmbH, Germany, a wholly-owned subsidiary of Mutares SE & Co. KGaA, Germany.
The proposed transaction concerns the market for the development and production of transmission, suspension and steering components for the automotive industry for light vehicles.
ÖNACE Codes: Manufacture of parts and accessories for motor vehicles.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.06.2024.
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 29.06.2024 .