Merger Notification - Announcement according to § 10 Cartel Act
Loxone GmbH; Kiska GmbH
BWB/Z-6821
On 10.01.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Loxone GmbH intends to increase its capital and acquire a 51% stake in Kiska GmbH.
The loss of the main customer Pierer Mobility AG and its subsidiaries directly jeopardizes the future of Kiska GmbH. The entry of Loxone GmbH as a strategic investor and customer will secure the future of Kiska GmbH.
Loxone GmbH's entry and acquisition of a majority stake will take place as part of a capital increase by Loxone GmbH in Kiska GmbH.
Industry sector: M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.02.2025.
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 08.02.2025 .