Merger Notification - Announcement according to § 10 Cartel Act
Fremont-MyPlace II, L.L.C.; MyPlace Holding GmbH
BWB/Z-6751
On 28.10.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Fremont-MyPlace II, L.L.C., an affiliate of Fremont-MyPlace, L.L.C., intends to acquire (i) 31.36% of the shares in MyPlace Holding GmbH and 1.93% of the shares in SelfStorage-DeinLager LagervermietungsgesmbH from Martin Gerhardus and Elisabeth Alexia Gerhardus, and (ii) 0.016% of the shares in MyPlace Holding from certain entities affiliated with Herbert Hild, which would increase Fremont’s current shareholding in
MyPlace Holding to 67.04% and in SelfStorage to 4.11%.
L - FINANCIAL AND INSURANCE ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.11.2024.
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 26.11.2024 .