Merger Notification - Announcement according to § 10 Cartel Act
Foxconn Interconnect Technology GmbH; Auto-Kabel Gruppe
BWB/Z-6674
On 07.08.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Foxconn Interconnect Technology GmbH, Germany, intends to acquire the significant assets and the insolvent companies of the Auto-Kabel Group, Germany, as well as the solvent companies of the group, together comprising essentially all the Auto-Kabel Group.
Economic Sector: Manufacture of other parts and accessories for motor vehicles.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 04.09.2024.
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 05.09.2024 .