Merger Notification - Announcement according to § 10 Cartel Act

Equistone Partners Europe Limited; Franke Water Systems AG - BWB/Z-5316 | Bundeswettbewerbsbehörde

Equistone Partners Europe Limited; Franke Water Systems AG



On 19.03.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Equistone Partners Europe Limited, the investment manager for the Equistone private equity group, seated in the United Kingdom, intends to indirectly acquire all shares in Franke Water Systems AG, Switzerland.

Economic Sector: Manufacture of ceramic sanitary fixtures; Manufacture of other taps and valves

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 16.04.2021.

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 17.04.2021 .

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