Merger Notification - Announcement according to § 10 Cartel Act
A-AP Funding, LP; Austin Powder Holdings Company
BWB/Z-6602
On 03.06.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
A-AP Funding, LP (United States), an investment vehicle wholly owned and controlled by American Industrial Partners Capital Fund VIII, LP (United States), intends to indirectly acquire approx. 55% of the
shares in, and sole control over, Davis Mining & Manufacturing, Inc. (United States). The concentration concerns commercial explosives, detonators and blasting services.
ÖNACE Codes: Manufacture of explosives.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.07.2024.
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 02.07.2024 .