Merger Notification - Announcement according to § 10 Cartel Act
Frasers Group plc; Hugo Boss AG
BWB/Z-6689
On 21.08.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Frasers Group plc with business seat in Mansfield, UK, will likely see its shareholding in Hugo Boss AG with business seat in Metzingen, Germany, reach or exceed 25 % in the short term.
Affected Business Branch: Retail of Sports Goods and Production and Retail of Luxury Fashion
C - MANUFACTURING G - WHOLESALE AND RETAIL TRADE
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.09.2024.
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 19.09.2024 .