Merger Notification - Announcement according to § 10 Cartel Act

Gienanth Group GmbH; Trompetter Guss GmbH; KernWerk GmbH - BWB/Z-5288 | Bundeswettbewerbsbehörde

Gienanth Group GmbH; Trompetter Guss GmbH; KernWerk GmbH



On 03.03.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Gienanth Group GmbH (Eisenberg/Germany) intends to acquire all shares in and sole control over Trompetter Guss Chemnitz GmbH (Chemnitz/Germany) and Kern- Werk GmbH (Chemnitz/Germany). The intended concentration concerns the metal casting industry.

Affected business areas: casting of metals

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 31.03.2021.

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 22.03.2021 .

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