Merger Notification - Announcement according to § 10 Cartel Act
Cegid SAS; sevDesk GmbH
BWB/Z-6810
On 23.12.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Cegid SAS (France), a portfolio company ultimately controlled by Silver Lake Technology Management, L.L.C., intends to acquire 100% of the shares in and thereby sole control over sevDesk GmbH (Germany). The concentration concerns the software market.
ÖNACE Code: Development and sale of other software (non-gaming).
J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.01.2025.
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 21.01.2025 .