Merger Notification - Announcement according to § 10 Cartel Act
CA Carob Investments; Roop Automotives Limited; Highway Industries Limited
BWB/Z-6780
On 25.11.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
CA Carob Investments, Mauritius, intends to acquire up to 68.9 % of the shares in Roop Automotives Limited, India, while the latter will hold all the shares in Highway Industries Limited, India.
Economic Sector: Manufacture of parts and accessories for motor vehicles
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 23.12.2024.
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.