Merger Notification - Announcement according to § 10 Cartel Act
Ausangate Investment Pte. Ltd.; ICG plc; Sprinkler 2024 Co-Investment I (Feeder) SCSp; MV Holding GmbH; Minimax GmbH
BWB/Z-6823
On 13.01.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Ausangate Investment Pte. Ltd. (Singapore) plans to increase its shareholding in Sprinkler 2024 Co-Investment I (Feeder) SCSp (Luxembourg) to more than 25%. Sprinkler 2024 Co-Investment I (Feeder) SCSp is a pure holding company and plans to indirectly acquire shares in Minimax Viking Group (Germany). The ultimate target company is active in the field of fire protection systems.
The Proposed Transaction constitutes a merger according to sec 7 para 1 no 3 of the Cartel Act as more than 25% of the shares in Sprinkler 2024 Co-Investment I (Feeder) SCSp are being acquired.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren N - Erbringung von sonstigen wirtschaftlichen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 10.02.2025.
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 11.02.2025 .