Merger Notification - Announcement according to § 10 Cartel Act
Robert Bosch GmbH; Element Six Technologies Limited
BWB/Z-6943
On 22.05.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Robert Bosch GmbH, Germany ("Bosch") and Element Six Technologies Limited, United Kingdom ("Element Six"), intend to establish a joint venture in Germany, in which Bosch will indirectly hold 75% minus one share. The remaining 25% plus one share will be held by Element Six. The JV will focus on the development, production, and distribution of quantum-based magnetic field sensors.
Economic Sector: Manufacture of instruments and appliances for measuring, testing and navigation.
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, N - PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES, N 72 - Scientific research and development, N 72.1 - Research and experimental development on natural sciences and engineering, N 72.10 - Research and experimental development on natural sciences and engineering
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.06.2025.
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 21.06.2025 .