Merger Notification - Announcement according to § 10 Cartel Act
Kronospan Holdings South Ltd.; ZG Timber Sebes S.R.L.
BWB/Z-6879
On 11.03.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Kronospan Holdings South Ltd. (Cyprus) intends to acquire all the shares in and exclusive control over ZG Timber Sebes S.R.L. (Romania).
Economic sector: Sawmilling and planing of wood.
C - MANUFACTURING C 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, C 16.1 - Sawmilling and planing of wood; processing and finishing of wood, C 16.11 - Sawmilling and planing of wood
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.04.2025.
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 09.04.2025 .