Merger Notification - Announcement according to § 10 Cartel Act
Cinven Limited; Grant Thornton AG Wirtschaftsprüfungsgesellschaft
BWB/Z-7121
On 03.11.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Cinven Limited intends to indirectly acquire more than 50% of the shares in and joint control over Grant Thornton AG Wirtschaftsprüfungsgesellschaft (Germany).
Economic sector: Accounting, bookkeeping and auditing activities; tax consultancy.
N - PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES N 69 - Legal and accounting activities, N 69.2 - Accounting, bookkeeping and auditing activities; tax consultancy, N 69.20 - Accounting, bookkeeping and auditing activities; tax consultancy
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.12.2025.
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 02.12.2025 .