Merger Notification - Announcement according to § 10 Cartel Act
LAWOG Gemeinnützige Landeswohnungsgenossenschaft; HOPA Beteiligungs GmbH
BWB/Z-7038
On 12.08.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
This merger notification concerns the acquisition of shares pursuant to section 7 para 1 no. 3 KartG 2005 (Austrian Cartel Act 2005) by LAWOG Gemeinnützige Landeswohnungsgenossenschaft für Oberösterreich, eingetragene Genossenschaft mit beschränkter Haftung. (acquirer) of HOPA Beteiligungs GmbH (target company) and its subsidiary and sub-subsidiary AREV Immobilien Gesellschaft m.b.H. and AREV
Projektentwicklungs GmbH. LAWOG seeks to hold a 80% stake in HOPA Beteiligungs GmbH following the completion of the transaction.
The merger project concerns the property management of flats, as well as property development.
M - REAL ESTATE ACTIVITIES M 68 - Real estate activities, M 68.1 - Real estate activities with own property and development of building projects, M 68.11 - Buying and selling of own real estate, M 68.12 - Development of building projects, M 68.2 - Rental and operating of own or leased real estate, M 68.20 - Rental and operating of own or leased real estate, M 68.3 - Real estate activities on a fee or contract basis, M 68.31 - Intermediation service activities for real estate activities, M 68.32 - Other real estate activities on a fee or contract basis
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.09.2025.
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 10.09.2025 .