Merger Notification - Announcement according to § 10 Cartel Act
Schneider Electric SE; Planon Beheer B.V.
BWB/Z-6706
On 03.09.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The notified transaction concerns the proposed indirect acquisition of 55% of the shares in and sole control over Planon Beheer B.V., Netherlands, by Schneider Electric SE, France.
Fields of activity and NACE-Code as follows: Computer programming, consultancy and related activities; Information service activities; Real estate activities.
J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES L - FINANCIAL AND INSURANCE ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.10.2024.
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 02.10.2024 .