Merger Notification - Announcement according to § 10 Cartel Act
Lenzing Aktiengesellschaft; Palmers Textil Aktiengesellschaft; Hygiene Austria LP GmbH
BWB/Z-5245
On 02.02.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Acquisition of sole control over Hygiene Austria LP GmbH, Austria, by Lenzing Aktiengesellschaft, Austria, the former joint venture with Palmers Textil Aktiengesellschaft, Austria. Palmers Textil Aktiengesellschaft remains a minority shareholder.
The proposed transaction concerns the production and distribution of protective face masks
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.03.2021.
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 03.03.2021 .