Merger Notification - Announcement according to § 10 Cartel Act
SK bioscience Germany GmbH; IDT Biologika GmbH & TEW – Technik – Energie – Wasser Servicegesellschaft mbH; Klocke Holding GmbH
BWB/Z-6671
On 06.08.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
SK bioscience Co., Ltd., South Korea, intends to indirectly acquire approximately 60.6% of the shares in and sole control over IDT Biologika GmbH, Germany, and 60% of the shares in and sole control over TEW – Technik – Energie – Wasser
Servicegesellschaft mbH, Germany.
Economic Sector: Manufacture of basic pharmaceutical products; Manufacture of pharmaceutical preparations.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 03.09.2024.
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 04.09.2024 .