Merger Notification - Announcement according to § 10 Cartel Act

Intermediate Capital Group plc; Waterland Strategic Opportunities Fund I C.V.; UP Holding NV - BWB/Z-5307 | Bundeswettbewerbsbehörde

Intermediate Capital Group plc; Waterland Strategic Opportunities Fund I C.V.; UP Holding NV

BWB/Z-5307

16.03.2021

On 15.03.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Intermediate Capital Group plc, United Kingdom, intends to indirectly acquire more than 25% of the shares in UP Holding NV, Belgium.

The concentration concerns the manufacturing and wholesale distribution of pet food.


Industry sector: manufacturing of animal feeds and other wholesale.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.04.2021.

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 13.04.2021 .

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