Merger Notification - Announcement according to § 10 Cartel Act
Waterland Private Equity Fund IX A C. V.; Waterland Private Equity Fund IX B C. V.; FITOne Holding GmbH
BWB/Z-6849
On 18.02.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The private equity investment firm Waterland intends to indirectly increase its stake in FIT/One Holding GmbH, Germany, an operator of fitness studios, from currently 50% to approx. 86% via its investment fund vehicles Waterland Private Equity Fund IX A C.V. and Waterland Private Equity Fund IX B C.V. and their indirect subsidiary LifeFit Group MidCo GmbH, and thereby acquire sole control over the target undertaking.
S - ARTS, SPORTS AND RECREATION S 93 - Sports activities and amusement and recreation activities, S 93.1 - Sports activities, S 93.13 - Activities of fitness centres
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.03.2025.
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 19.03.2025 .