Merger Notification - Announcement according to § 10 Cartel Act
Scholz Austria GmbH; Kovosrot Group CZ a.s.
BWB/Z-2457
On the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The Scholz Austria GmbH (Vienna), intends to acquire, in addition to her already existing 50%th cocontrolling participation of the Kovosrot Group CZ a.s. (Prague) remaining 50% of the shares of this society and with it a participation of 100% and sole control. The merger concerns the area of the collecting and trade with Iron and non-ferrous metal scrap metal.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.10.2014.
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 29.10.2014 .