Merger Notification - Announcement according to § 10 Cartel Act
Faerch Group A/S; Sirap Gema S.p.A.
BWB/Z-5090
On 10.11.2020 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Faerch A/S, Denmark, intends to acquire the business activities of Sirap Gema SpA, Italy, in Italy, Spain and Poland.
The proposed transaction relates to the production and sale of food packaging.
(ÖNACE-Code: C.22 – Manufacture of rubber and plastic products).
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
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 .