Merger Notification - Announcement according to § 10 Cartel Act
Brookfield Corporation; Caisse de dépôt et placement du Québec; CPI Holdco, LLC
BWB/Z-6887
On 20.03.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Brookfield Corporation (Canada) intends to acquire, indirectly via two entities ultimately controlled by funds managed by Brookfield Corporation, sole control over CPI Holdco, LLC (USA). Simultaneously Caisse de dépôt et placement du Québec (Canada) intends to acquire a non-controlling minority shareholding in CPI Holdco, LLC (USA).
ÖNACE Code: Manufacture of other chemical products n.e.c.
C - MANUFACTURING C 20 - Manufacture of chemicals and chemical products, C 20.59 - Manufacture of other chemical products n.e.c., C 26 - Manufacture of computer, electronic and optical products, C 26.5 - Manufacture of measuring testing instruments, clocks and watches, C 26.51 - Manufacture of instruments and appliances for measuring, testing and navigation, G - WHOLESALE AND RETAIL TRADE, G 46 - Wholesale trade, G 46.1 - Wholesale on a fee or contract basis, G 46.12 - Activities of agents involved in the wholesale of fuels, ores, metals and industrial chemicals
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 17.04.2025.
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 18.04.2025 .