Merger Notification - Announcement according to § 10 Cartel Act
SCHWENK Zement GmbH & Co. KG; TotalEnergies EP Danmark A/S
BWB/Z-7105
On 17.10.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
SCHWENK Zement GmbH & Co. KG, Germany, through its 100 % owned Danish subsidiary CarbonVault Denmark ApS, intends to acquire participating interests of 35 % in two different licenses for exploring the CO2 storage potential and using the explored areas for underground CO2 storage in the Danish North Sea from TotalEnergies EP Danmark A/S, Denmark.
Economic Sector: Electricity, gas, steam and air conditioning supply; Electricity, gas, steam and air conditioning supply; Manufacture of gas, and distribution of gaseous fuels through mains; Trade of gas through mains; N - Professional, scientific and technical activities; Scientific research and development; Research and experimental development on natural sciences and engineering; Research and experimental development on natural sciences and engineering
D - ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY D 35 - Electricity, gas, steam and air conditioning supply, D 35.2 - Manufacture of gas, and distribution of gaseous fuels through mains, D 35.23 - Trade of gas through mains, 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 14.11.2025.
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 15.11.2025 .