Merger Notification - Announcement according to § 10 Cartel Act

Platinum Equity Advisors , LLC; Mad Engine, LLC - BWB/Z-5134 | Bundeswettbewerbsbehörde

Platinum Equity Advisors , LLC; Mad Engine, LLC

BWB/Z-5134

03.12.2020

On 01.12.2020 the following merger was notified at the Federal Competition Authority:

Planned purchase process

Platinum Equity Advisors, LLC, United States, intends to acquire approx. 80% of the membership interests in and thereby sole control over Mad Engine, LLC, United States.

Branch of business concerned: Apparel 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 29.12.2020.

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 30.12.2020 .

back to list