Merger Notification - Announcement according to § 10 Cartel Act
BAST Unternehmensbeteiligungs GmbH; ForTec GmbH; Forstinger Österreich GmbH
On 21.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
BAST Unternehmensbeteiligungs GmbH, Vienna, intends to acquire beneficial ownership over 65% of the shares in ForTec GmbH, Neusiedl am See, from the current shareholder BWA Holding GmbH, and thereby sole control ober its indirect 100% subsidiary Forstinger Österreich GmbH, Traismauer. The proposed merger concerns the retail trade of automotive spare parts and accessories.
Affected business areas: Maintenance and repair of motor vehicels, and retail trade of motor vehicle parts 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 18.01.2021.
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 19.01.2021 .