Merger Notification - Announcement according to § 10 Cartel Act
Paragon GP GmbH; Tecnopool S.p.A.
BWB/Z-6679
On 13.08.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Paragon GP GmbH, Germany, intends to acquire all of the shares in and sole control over Tecno Pool S.p.A., Italy.
The proposed transaction relates to food processing machinery for industrial and artisanal bakery and other food products.
ÖNACE Code: Manufacture of machinery for food, beverage and tobacco processing.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 10.09.2024.
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 11.09.2024 .