Merger Notification - Announcement according to § 10 Cartel Act
Strategic Value Partners, LLC; Swissport Financing S.á.r.l
On 10.11.2020 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Strategic Value Partners, LLC (Connecticut / United States) intends to indirectly acquire approx. 31,8% of the shares in Swissport Financing S.à r.l. (Luxembourg / Luxembourg).The proposed concentration concerns airport ground handling services, cargo handling and related services.
Affected industry: Service activities incidental to air transportation (H52.2.3) and Cargo
Industry sector: H - Verkehr und Lagerei
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.12.2020.
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 10.12.2020 .