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Merger Notification - Announcement according to § 10 Cartel Act

AEQUITA SE & Co KGaA; JTEKT Bearings Group - BWB/Z-6835 | Bundeswettbewerbsbehörde

AEQUITA SE & Co KGaA; JTEKT Bearings Group

BWB/Z-6835

29.01.2025

On 28.01.2025 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

AEQUITA SE & Co KGaA intends to acquire 100 % of the shares in and sole control of JTEKT Bearings Deutschland GmbH, JTEKT Bearings France SAS and JTEKT Bearings Czech Republic s.r.o.

Economic Sector: Manufacture of bearings, gears, gearing and driving elements 

C - MANUFACTURING C 28.1 - Manufacture of general-purpose machinery, C 28.15 - Manufacture of bearings, gears, gearing and driving elements

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.02.2025.

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 26.02.2025 .

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