Merger Notification - Announcement according to § 10 Cartel Act
Automation Systems S.p.A.; Piovan S.p.A.; Pentafin S.p.A.
BWB/Z-6695
On 27.08.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Automation Systems S.p.A. (Italy, a company of the Investindustrial-Gruppe) intends to acquire at least 50% of the shares and sole control of Piovan S.p.A. (Italy).
The following Austrian NACE code is concerned: Installation of industrial machinery and equipment
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.09.2024.
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 25.09.2024 .