Merger Notification - Announcement according to § 10 Cartel Act
Intermediate Capital Group plc; Linear Holding S.r.l.
On 07.05.2018 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Intermediate Capital Group plc, Juxon House, 100 St. Paul's Churchyard, London, EC4M 8BU, UK intends to indirectly acquire (nearly) 100% of the shares of Linear Holding S.r.l (Milan, Italy). The concentration concerns the manufacturing and distribution of bearings/rotational motion technology products and linear motion technology for industrial use.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 04.06.2018.
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 05.06.2018 .