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Merger Notification - Announcement according to § 10 Cartel Act

Ardian France SA; Andera MidCap Continuation Fund 1 SLP - BWB/Z-7132 | Bundeswettbewerbsbehörde

Ardian France SA; Andera MidCap Continuation Fund 1 SLP

BWB/Z-7132

14.11.2025

On 14.11.2025 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Ardian France SA, France, intends to acquire a 41% non-controlling stake in Andera MidCap Continuation Fund 1 SLP, France, from Andera Partners SAS, France. 
Affected economic sectors: C 27.90, M 71.20, J 62.01.

C - MANUFACTURING C 27 - Manufacture of electrical equipment, C 27.9 - Manufacture of other electrical equipment, C 27.90 - Manufacture of other electrical equipment, K - TELECOMMUNICATION, COMPUTER PROGRAMMING, CONSULTING, COMPUTING INFRASTRUCTURE AND OTHER INFORMATION SERVICE ACTIVITIES, K 62 - Computer programming, consultancy and related activities, K 62.1 - Computer programming activities, K 62.10 - Computer programming activities, N - PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES, N 71 - Architectural and engineering activities; technical testing and analysis, N 71.2 - Technical testing and analysis, N 71.20 - Technical testing and analysis

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.12.2025.

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 13.12.2025 .

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