Merger Notification - Announcement according to § 10 Cartel Act
Advent International, L.P.; u-blox Holding AG
BWB/Z-7069
On 12.09.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
ZI Zenith S.à r.l., an indirect subsidiary of funds managed and/or advised by Advent International, L.P. (USA) intends to acquire at least 66.67% and up to 100% of the publicly held registered shares in and sole control over u-blox Holding AG (Switzerland).
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 10.10.2025.
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 11.10.2025 .