Merger Notification - Announcement according to § 10 Cartel Act
Dürr Aktiengesellschaft; Teamtechnik Maschinen und Anlagen GmbH
On 23.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Dürr AG, Bietigheim-Bissingen, Germany, intendens to indirectly acquire 75% of the shares and joint control over teamtechnik Maschinen und Anlagen GmbH, Freiberg (Neckar), Germany. Upon completion of the planned transaction, Dürr AG will exercise joint control over teamtechnik Maschinen und Anlagen together with Stefan Roßkopf.
The contemplated transaction primarly concerns measurement and function testing systems for the powertrain of motor and commercial vehicles.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.01.2021.
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 21.01.2021 .