Merger Notification - Announcement according to § 10 Cartel Act
STRABAG Real Estate GmbH; HYPO NOE Leasing GmbH; Caverion Österreich GmbH
BWB/Z-5300
On 11.03.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Planned purchase process
Establishment of a non-full-functional joint venture between STRABAG Real Estate GmbH (49%), HYPO NOE Leasing GmbH (49%) and Caverion Österreich GmbH (10%) for the purpose of building and operating an educational institution (“PPP Bildungscampus Rappachgasse & Bildungscampus Landgutgasse Wien”).
Industry sector: F - Construction M - Professional, scientific and technical activities
Industry sector: M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.04.2021.
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 09.04.2021 .