Merger Notification - Announcement according to § 10 Cartel Act
Salzburg AG für Energie, Verkehr und Kommunikation; KELAG Energie & Wärme GmbH; Unternehmensbeteiligung GmbH
BWB/Z-6611
On 07.06.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Salzburg AG für Energie, Verkehr und Telekommunikation, KELAG Energie & Wärme GmbH and Unternehmensbeteiligung GmbH have notified the formation of a joint venture pursuant to § 7 (2) Cartel Act.
The three companies mentioned are to each hold a 33 1/3% stake in the joint venture.
The merger project concerns the provision of district heating in the region.
Business sector concerned: Heat generation
D - ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.07.2024.
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 06.07.2024 .