Merger Notification - Announcement according to § 10 Cartel Act
AVZ GmbH; card complete Service Bank AG
BWB/Z-6996
On 04.07.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
AVZ GmbH intends to increase its current shareholding in card complete Service Bank AG from 24.9% to 28.4%.
The transaction concerns cashless payment services.
Affected economic sector: Other activities auxiliary to financial services, except insurance and pension funding or Other credit granting.
L - FINANCIAL AND INSURANCE ACTIVITIES L 64 - Financial service activities, except insurance and pension funding, L 64.9 - Other financial service activities, except insurance and pension funding, L 64.92 - Other credit granting, L 66 - Activities auxiliary to financial services and insurance activities, L 66.1 - Activities auxiliary to financial services, except insurance and pension funding, L 66.19 - Other activities auxiliary to financial services, except insurance and pension funding
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.08.2025.
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 02.08.2025 .