Merger Notification - Announcement according to § 10 Cartel Act
Bastion Bidco Corporation.; IEP Technologies Austria GmbH
BWB/Z-7546
On 12.11.2026 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Bastion Bidco Corporation, a special purpose vehicle indirectly wholly owned by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of KKR & Co. Inc. (United States), intends to acquire 100% of the shares and voting rights and/or certain of the assets and liabilities of the safety business unit of HOERBIGER Holding AG (Switzerland) (excluding the engine & generators business line).
The transaction concerns explosion protection and prevention solutions.
ÖNACE code: Research and experimental development on natural sciences and engineering; Engineering activities and related technical consultancy; Technical testing and analysis.
N - PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES N 71 - Architectural and engineering activities; technical testing and analysis, N 71.1 - Architectural and engineering activities and related technical consultancy, N 71.12 - Engineering activities and related technical consultancy, N 71.2 - Technical testing and analysis, N 71.20 - Technical testing and analysis, 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 10.12.2026.
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.