Merger Notification - Announcement according to § 10 Cartel Act
PreZero Erste Verwaltungs-GmbH; Kunststoff Recycling Grünstadt GmbH
On 09.11.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Acquisition of a total of 50% of the shares in Kunststoff Recycling Grünstadt GmbH (Grünstadt - Germany) by PreZero Erste Verwaltungs-GmbH (Porta Westfalica - Germany).
Business sector concerned: Waste management / processing of plastics
Industry sector: E - Wasserversorgung; Abwasser- und Abfallentsorgung und Beseitigung von Umweltverschmutzungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.12.2020.
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 08.12.2020 .