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Merger Notification - Announcement according to § 10 Cartel Act

GMS GOURMET GmbH; SV (Österreich) GmbH - BWB/Z-6624 | Bundeswettbewerbsbehörde

GMS GOURMET GmbH; SV (Österreich) GmbH

BWB/Z-6624

24.06.2024

On 24.06.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

GMS GOURMET GmbH intends to directly acquire 100% of SV Group AG’s shares in SV (Österreich) GmbH. Upon completion of the planned transaction, GMS GOURMET GmbH will exercise sole control over SV (Österreich) GmbH.

The proposed merger concerns the operation of publicly accessible restaurants, company restaurants, as well as the provision of catering for clients in the care sector.

Business sectors concerned:  Gastronomy.

I - ACCOMMODATION AND FOOD SERVICE ACTIVITIES

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.07.2024.

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 23.07.2024 .

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