Merger Notification - Announcement according to § 10 Cartel Act
Schmid Metall GmbH; Modine Group
BWB/Z-5285
On 02.03.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Acquisition of all shares in and sole control over Modine Austria Holding GmbH and its 100% subsidiaries Modine Austria GmbH and Modine Austria Immobilien GmbH (all Kottingbrunn) by Schmid Mettal GmbH (Wolkersdorf im Weinviertel). The proposed merger concerns the development, manufacturing and distribution of automotive components.
Affected business areas: Manufacturing of other parts and accessories for motor vehicles.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.03.2021.
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 31.03.2021 .