Merger Notification - Announcement according to § 10 Cartel Act
Hitachi Chemicals Co., Ltd.; HT Beteiligungs GmbH
On the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Hitachi Chemicals Co., Ltd. (Tokyo, Japan) intends to acquire 100% of the shares in HT Beteiligungs GmbH (Ludwigshafen, Germany). The concentration concerns the manufacturing and sale of high-temperature and acoustic insulation products.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 26.05.2017.
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 26.05.2017 .