Merger Notification - Announcement according to § 10 Cartel Act
Succession German Bidco GmbH; SNP Schneider-Neureither & Partner SE
BWB/Z-6826
On 16.01.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Succession German Bidco GmbH (Germany), a special acquisition vehicle which is ultimately controlled by funds managed or advised by affiliates of The Carlyle Group Inc. (USA), intends o acquire the entire share capital of and sole control over SNP Schneider-Neureither & Partner SE (Germany).
The concentration concerns the provision of software solutions and consulting services in the SAP environment.
Affected industry: Computer programming, consultancy and related activities and Other information technology and computer service activities.
K 62 - Computer programming, consultancy and related activities K 62.90 - Other information technology and computer service activities
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.02.2025.
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 14.02.2025 .