Merger Notification - Announcement according to § 10 Cartel Act
KNDS N.V.; RENK Group AG
BWB/Z-6883
On 17.03.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
KNDS N.V., The Netherlands, intends to acquire 18.33% of the shares in RENK Group AG, Germany, and thus increase its shareholding to 25% + 1 vote.
C - MANUFACTURING C 29 - Manufacture of motor vehicles, trailers and semi-trailers
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 14.04.2025.
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 15.04.2025 .