Merger Notification - Announcement according to § 10 Cartel Act
Scania CV Aktiebolag; Scania AB
BWB/Z-6851
On 18.02.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Scania CV Aktiebolag, Sweden, which is a wholly owned subsidiary of Scania AB, Sweden, intends to acquire all shares in and sole control over Goldcup 35987 AB, a wholly owned subsidiary of Northvolt AB, Sweden ("Northvolt"), comprising the Industrial Systems business from Northvolt.
C - MANUFACTURING C 27 - Manufacture of electrical equipment, C 27.20 - Manufacture of batteries and accumulators
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 waived their right to apply for examination of the merger by the Cartel Court before the deadline. The standstill obligation (§ 17(1) Cartel Act) ends with effect from 13.03.2025 .