Merger Notification - Announcement according to § 10 Cartel Act
Avenue India Emergence Pte. Ltd; Mavco Investments Private Ltd; MHM Holding GmbH
BWB/Z-6794
On 11.12.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
A consortium of Avenue India Emergence Pte. Ltd (Singapore) and Mavco Investments Private Ltd (India) intends to acquire all shares in MHM Holding Gesellschaft mit beschränkter Haftung (Germany).
The following Austrian NACE codes are concerned: Manufacture of paints, varnishes and similar coatings, printing ink and mastics and Manufacture of dyes and pigments.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.01.2025.
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 09.01.2025 .