Merger Notification - Announcement according to § 10 Cartel Act

PreZero Erste Verwaltungs-GmbH; Kunststoff Recycling Grünstadt GmbH - BWB/Z-5085 | Bundeswettbewerbsbehörde

PreZero Erste Verwaltungs-GmbH; Kunststoff Recycling Grünstadt GmbH

BWB/Z-5085

11.11.2020

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 .

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