Merger Notification - Announcement according to § 10 Cartel Act

STRABAG AG; Hans-Heimo GÄNGER GmbH - BWB/Z-5110 | Bundeswettbewerbsbehörde

STRABAG AG; Hans-Heimo GÄNGER GmbH

BWB/Z-5110

23.11.2020

On 20.11.2020 the following merger was notified at the Federal Competition Authority:

Planned purchase process

STRABAG AG (Austria) and Hans Heimo GÄNGER GmbH (Austria) intend to establish the joint venture SG Kies GmbH & Co KG (Austria). STRABAG AG and Hans Heimo GÄNGER GmbH will jointly control the joint venture. The joint venture will be active in the municipality of Markgrafneusiedl in the quarry and supply of gravel and sand of all kinds; the joint venture will also operate an excavated-soil landfill after the raw material deposits have been exhausted.

Industry sector: B - Bergbau und Gewinnung von Steinen und Erden

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 .

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