Merger Notification - Announcement according to § 10 Cartel Act
Permira Holdings Limited; DMM Parent, Inc.
BWB/Z-5202
On 12.01.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Bimini Group Purchaser, Inc., an entity ultimately solely controlled by Permira Holdings Limited, intends to indirectly acquire almost all the shares in and sole control over DMM Parent, Inc.
The concentration concerns the provision of marketplace portals for the sale of boats.
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.02.2021.
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 10.02.2021 .