Merger Notification - Announcement according to § 10 Cartel Act
Tikehau Investment Management SAS; Garden & House HoldCo GmbH
BWB/Z-6811
On 23.12.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Entities managed by Tikehau Investment Management SAS, France, a wholly-owned subsidiary of Tikehau Capital SCA, France, intend to acquire sole control and 100% of the shares of Garden & House HoldCo GmbH, Germany.
The proposed transaction relates to manufacturing and e-Commerce distribution of garden and outdoor structures, wellness structures, play equipment and outdoor play solutions.
G - WHOLESALE AND RETAIL TRADE
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 .