Merger Notification - Announcement according to § 10 Cartel Act
C.S.I. - Compagnia Surgelati Italiana SpA.; Findus Switzerland
On 09.11.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
C.S.I. - Compagnia Surgelati Italiana SpA., Italy, a subsidiary of Nomad Foods Limited, intends to acquire all shares in, and sole control over, the frozen food business currently operated under the Swiss ‘Findus’ brand.
The proposed transaction relates to the manufacturing and supply of frozen food. (ÖNACE-Code: C.10 – Manufacture of food products).
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
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 .