Merger Notification - Announcement according to § 10 Cartel Act
Asamer Kies- und Betonwerke GmbH; KIAS Recycling GmbH
BWB/Z-5302
On 12.03.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
ASAMER Kies- und Betonwerke GmbH (Ohlsdorf, Austria), which is ultimately controlled by three members of the Asamer family, intends to acquire, indirectly through its 100% subsidiary Saranus Beteiligungsverwaltungs GmbH (Ohlsdorf, Austria), sole control over KIAS Recycling GmbH (Kirchdorf an der Krems, Austria).
The notified transaction concerns recovery of materials from used tires.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.04.2021.
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 10.04.2021 .