Merger Notification - Announcement according to § 10 Cartel Act
VF Corporation; Supreme Holdings Inc. (Delaware)
On 20.11.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
VF Corporation, USA, intends to indirectly acquire all shares in, and sole control of, Supreme Holdings, Inc., USA.
The envisaged transaction concerns the design, development and distribution of men’s apparel, footwear and accessories.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.12.2020.
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 19.12.2020 .