Merger Notification - Announcement according to § 10 Cartel Act
Westinghouse Airbrake Technologies Corporation; Evident Scientific, Inc.
BWB/Z-6889
On 21.03.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Intended acquisition of the test and measurement business division of Evident Corporation (Japan) by Westinghouse Airbrake Technologies Corp. (USA) by means of a carve-out transaction.
Business sector(s) concerned: Production of test and measurement equipment.
C - MANUFACTURING 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
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.04.2025.
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 23.04.2025 .