Merger Notification - Announcement according to § 10 Cartel Act
GPNL International Holding, B.V.; Urban Sports GmbH
BWB/Z-6894
On 25.03.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
GPNL International Holding, B.V., Netherlands, incorporated under the laws of the Netherlands and indirectly wholly owned by Wellhub, Inc., Delaware, USA, intends to acquire 100% of the shares in, and sole control of, Urban Sports GmbH, Germany.
ÖNACE Code: Other sports activities
S - ARTS, SPORTS AND RECREATION S 93 - Sports activities and amusement and recreation activities, S 93.1 - Sports activities, S 93.19 - Sports activities n.e.c.
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 .