Merger Notification - Announcement according to § 10 Cartel Act
New Wave Group AB; Cotton Classics Handels GmbH
BWB/Z-7007
On 18.07.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
New Wave Group AB, reg. no. 556350-0916, with its registered office in Göteborg and business address at Kungsportsavenyen 10, SE-411 36 Göteborg, intends to acquire 100% of the shares and thus sole control of Cotton Classics Handels GmbH, FN 195901 s, with its registered office in Schwadorf and business address Hauptplatz 1, 2432 Schwadorf, from its shareholder, Mr. Wolfgang Horak, and to take over all shares.
This proposed merger relates to the business division.
Wholesale of consumer durables and consumables including textiles.
G - WHOLESALE AND RETAIL TRADE G 46 - Wholesale trade, G 46.4 - Wholesale of household goods, G 46.41 - Wholesale of textiles, G 46.42 - Wholesale of clothing and footwear
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.08.2025.
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 19.08.2025 .