Merger Notification - Announcement according to § 10 Cartel Act
Robert Bosch GmbH; Danfoss A/S
On the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Foundation of a part function joint venture between Bosch Thermotechnik GmbH, a 100% subsidiary of the Robert Bosch GmbH, Gerlingen-Schillerhöhe, Germany, and Danfoss Silicon Power GmbH, a indirect 100% subsidiary of the Danfoss A/S, Nordborg, Denmark and the parties introduce her present activities in the area of the oil free turbocompressors for non-heavy industrial uses in the joint venture. The merger plan concerns the area of Compressors.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 31.12.2014.
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 31.12.2014 .