Merger Notification - Announcement according to § 10 Cartel Act
Sandvik Aktiebolag; DSI Underground Holdings S.à.r.l.
BWB/Z-5312
On 18.03.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Sandvik Aktiebolag intends to acquire sole control and all shares in DSI Underground Holdings S.à.r.l., which is active in the ground support sector in the field of mining and tunneling.
Business sector concerned: Other mining and quarrying activities; Tunneling activities.
Industry sector: B - Bergbau und Gewinnung von Steinen und Erden F - Baugewerbe/Bau
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.04.2021.
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 16.04.2021 .