Merger Notification - Announcement according to § 10 Cartel Act
Raiffeisen Continuum Holding GmbH; KOR Gruppe GmbH
BWB/Z-7146
On 21.11.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Raiffeisen Continuum Holding GmbH (Austria) intends to acquire 49% of the shares of and joint control over KOR Gruppe GmbH (Austria). The proposed concentration concerns the business areas of air conditioning, dehumidification and electrical engineering.
Economic sector: Steam and air conditioning supply; Electrical installation; Electrical, plumbing and other construction installation activities; Other specialised construction activities.
D - ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY D 35 - Electricity, gas, steam and air conditioning supply, D 35.3 - Steam and air conditioning supply, D 35.30 - Steam and air conditioning supply, F - CONSTRUCTION, F 43 - Specialised construction activities, F 43.2 - Electrical, plumbing and other construction installation activities, F 43.21 - Electrical installation, F 43.22 - Plumbing, heat and air-conditioning installation, F 43.9 - Other specialised construction activities, F 43.99 - Other specialised construction activities n.e.c.
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.12.2025.
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.