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Merger Notification - Announcement according to § 10 Cartel Act

FIT/One Holding GmbH; Opitz Fitness GmbH - BWB/Z-6659 | Bundeswettbewerbsbehörde

FIT/One Holding GmbH; Opitz Fitness GmbH

BWB/Z-6659

25.07.2024

On 25.07.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

FIT/One Holding GmbH, Germany, an operator of fitness studios and indirect 50% portfolio company of the private equity company Waterland, intends to acquire 100% of the shares in Opitz Fitness GmbH, an Austrian operator of fitness studios, into which the entire "fitness studios" business of Martin Opitz GmbH and the latter’s 100% shareholding in moreFit GmbH are to be spun off immediately prior to the implementation of the proposed merger.”

R - HUMAN HEALTH AND SOCIAL WORK ACTIVITIES

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.08.2024.

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 23.08.2024 .

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