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Merger Notification - Announcement according to § 10 Cartel Act

A-AG Holdco, Limited; Intersystems Holding, Inc. - BWB/Z-6676 | Bundeswettbewerbsbehörde

A-AG Holdco, Limited; Intersystems Holding, Inc.

BWB/Z-6676

09.08.2024

On 09.08.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

A-AG Holdco, Limited (United Kingdom) intends to indirectly acquire all the shares in, and sole control over, Intersystems Holding, Inc. (United States) and its connected undertakings of the grain and protein business of AGCO Corporation (United States). The concentration concerns solutions for grain and seed storage, processing and handling equipment as well as protein production systems.

ÖNACE Code: Support activities to agriculture and post-harvest crop activities.

A - AGRICULTURE, FORESTRY AND FISHING

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 06.09.2024.

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 07.09.2024 .

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