Merger Notification - Announcement according to § 10 Cartel Act
STRABAG AG; Erwerb von wesentlichen Teilen der KOVANDA-Gruppe
BWB/Z-6947
On 27.05.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
STRABAG AG (Austria) plans the (direct/indirect) acquisition of substantial parts of the KOVANDA Group, namely all assets (including business transfer) from the following business divisions, which are currently ultimately attributable to Mr. Leopold Kovanda and Ms. Eva Kovanda, as part of an asset deal: (i) the operation of two concrete mixing plants in Gerasdorf and (ii) a soil excavation landfill in Gerasdorf, each including the takeover of real estate, employees, equipment, vehicle fleet, and intangible rights. The transaction also includes the planned acquisition of a currently not active construction waste landfill in Markgrafneusiedl, as well as a planned recycling facility in Gerasdorf (including permits). Furthermore, STRABAG plans to acquire extraction rights to certain gravel, sand, and crushed stone depo-sits in Gerasdorf.
The following ÖNACE 2025 codes are affected: Manufacture of ready-mixed and fresh concrete; Disposal of non-hazardous waste; and Extraction of gravel, sand, clay, and kaolin.
B - MINING AND QUARRYING B 08 - Other mining and quarrying, B 08.1 - Quarrying of stone, sand and clay, B 08.12 - Operation of gravel and sand pits and mining of clay and kaolin, C - MANUFACTURING, C 23 - Manufacture of other non-metallic mineral products, C 23.6 - Manufacture of articles of concrete, cement and plaster, C 23.63 - Manufacture of ready-mixed concrete, E - WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES, E 38 - Waste collection, recovery and disposal activities, E 38.2 - Waste recovery, E 38.21 - Materials recovery
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.06.2025.
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 25.06.2025 .