Rucio Investment S.à r.l.; AVM Computersysteme Vertriebs GmbH

On 08.07.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Rucio Investment S.à r.l. (Luxembourg), a company controlled by Imker, intends to acquire all shares in AVM Computersysteme Vertriebs GmbH ("AVM", Germany) indirectly through Spree 24 Beteiligung GmbH (Germany) from the current shareholders of AVM and thereby sole control over AVM and its direct and indirect subsidiaries (together "AVM Group").

AVM Group is a manufacturer in the field of telecommunications and network technology, whose home and smart home products are primarily sold under the brand "FRITZ!". Imker Capital Partners invests in companies that are active in various sectors and regions.

The following Austrian NACE codes are concerned: (Manufacture of communication equipment);  (Manufacture of instruments and appliances for measuring, testing and navigation) – thermostats; (Manufacture of wiring devices) – sockets and switches.

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.08.2024.

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.

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