Merger Notification - Announcement according to § 10 Cartel Act
Alteri Investors GP (Jersey) Limited; Glendower Capital LLP (CVC Secondary Partners); CBR Gruppe
BWB/Z-6753
On 28.10.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Alteri Investors GP (Jersey) Limited (Jersey) intends to indirectly acquire sole control over CBR Service GmbH (Germany) by managing a newly established fund, Alteri Extended Value L.P. (Jersey) which will acquire1 the entire outstanding share capital of CBR Service GmbH from its sole shareholder.
The following Austrian NACE code is relevant:Retail sale of clothing in specialised stores.
G - WHOLESALE AND RETAIL TRADE
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 .