Merger Notification - Announcement according to § 10 Cartel Act
Authentic Brands Group LLC; Erwerb des Champion Geschäfts von Hansebrand Inc.
BWB/Z-6646
On 12.07.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Planned acquisition of certain assets and entities comprising the Champion branded business by Authentic Brands Group LLC, (USA).
Fields of activity inter alia, Manufacture of other wearing apparel and accessories, Retail sale of clothing in specialised stores; Manufacture of footwear, Retail sale of footwear and leather goods in
specialised stores.
C - MANUFACTURING G - WHOLESALE AND RETAIL TRADE
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.08.2024.
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.
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 10.08.2024 .