Merger Notification - Announcement according to § 10 Cartel Act
Callaway Golf Company; JW Stargazer Holding GmbH
On 04.12.2018 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Callaway (California / USА) intends to indirectly acquire sole control over JW Stargazer Holding GmbH, which is the holding company of the Jack Wolfskin group (Idstein / Germany) and its subsidiaries. The intended concentration concerns the area of outdoor apparel and equipment.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.01.2019.
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 03.01.2019 .