Merger Notification - Announcement according to § 10 Cartel Act
Illinois Tool Works Inc.; MTS Systems Corporation
BWB/Z-5287
On 02.03.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Illinois Tool Works Inc. (Glenview / USA) intends to acquire all the shares in and sole control over the Test & Simulation business of MTS Systems Corporation (Eden Prairie/ USA).
The proposed concentration concerns the supply of equipment for testing materials and ground vehicles.
Affected industry: Manufacture of instruments and appliances for measuring, testing and navigation
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 .