Merger Notification - Announcement according to § 10 Cartel Act
Robert Bosch GmbH; Jiangling Motors Group Co., Ltd
BWB/Z-6789
On 03.12.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Robert Bosch GmbH, Germany ("Bosch"), indirectly via wholly owned subsidiaries, and Jiangling Motors Group Co., Ltd., China ("JMCG"), intend to establish a joint venture in China, in which Bosch indirectly will hold 60% of the shares. The remaining 40% will be held by JMCG. The JV will be active in the fields of electric drive systems for light-duty commercial vehicles.
Economic Sector: Manufacture of electrical and electronic equipment for motor vehicles.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.01.2025.
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 03.01.2025 .