Merger Notification - Announcement according to § 10 Cartel Act
Raben Group N.V.; Sieber Holding AG
BWB/Z-6797
On 11.12.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Raben Group N.V., The Netherlands, intends to acquire 75% of the shares in and sole control over a newly established company, to which the groupage business of Sieber Holding AG, Switzerland, will be contributed. Sieber Holding AG will hold a non-controlling stake of 25% in the newly established company.
H - TRANSPORTATION AND STORAGE
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 .