Merger Notification - Announcement according to § 10 Cartel Act
Kontron Austria GmbH; Suntastic.Solar Handels GmbH
BWB/Z-6735
On 03.10.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Kontron Austria GmbH intends to acquire the business operations of the insolvent Suntastic.Solar Handels GmbH through acquisition of the relevant assets from Suntastic.Solar Handels GmbH and selected assets of the also insolvent suntastic.solar Holding GmbH, as well as to acquire 100% of the shares in and sole control of suntastic.solar Solutions GmbH from suntastic.solar Holding GmbH. The proposed concentration concerns the wholesale trade of photovoltaic components and the development of photovoltaic projects.
G - WHOLESALE AND RETAIL TRADE
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 31.10.2024.
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 waived their right to apply for examination of the merger by the Cartel Court before the deadline. The standstill obligation (§ 17(1) Cartel Act) ends with effect from 21.10.2024 .